Hey kinzu,I think you faith in SLR may be misplaced. At the...

Hey kinzu,

I think you faith in SLR may be misplaced. At the current gold price they are just another mid tier miner trying to scrape out a living on leases that have had the cream taken out. If you look at any companies inferred indicated numbers you will find ounces that will never be mined probably same as SLR.

Shareholder value in Deflector will never come from mining, it will come from increasing the resource and possible realisation the deposit is minable for 10 to 20 years at 100oz per year at a decent grade. This will make a miner like SLR move on it realising the value for shareholders.
If you are (investing) in gold mining I'm afraid you may be investing in one of the most unprofessional businesses going. Miners are crap at their job and are hostage to external market forces. The business model has massive holes in it.
Guaranteeing profitability can only come from having such a good resource no matter how bad you mine it you still make money.
The profit is in the ore body not the operation. The state of profession mine management in Australia is appalling, the wrong people are consistently managing projects based on ego and politics and a piece of paper they got in 4 years. Is that where you want your money, at the whim of self congratulating directors and managers with big ideas of self importance taught to them by universities?

Good luck with that

71
( I DO HOPE THAT ALL INVESTERS MAKE MONEY FROM GOLD MINING. IM JUST SURPRISED WHEN THEY DO AND WONDER WHEN IT WILL COME A GUTSER)