Silver Lake Resources (SLR)

Discussion in 'Stocks & Derivatives' started by Greenman, Aug 18, 2013.

  1. Greenman

    Greenman Member Silver Stacker

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    Time for a positive thread title for this one considering...

    End of the trading week and this stock is up 30.5% from the Monday open.

    GLD up 4.75% and SLV up 13.08% respectively (USD).
     
  2. SilverSanchez

    SilverSanchez Active Member

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    My last buy was at 0.52c so ive nearly doubled.....

    The 'going down' thread WAS a positive thread title :)
     
  3. K11TS00bullion

    K11TS00bullion New Member

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    Good job a nice clean new thread
     
  4. finicky

    finicky Well-Known Member Silver Stacker

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    With no history - history serving to put things in perspective. I don't agree with unilaterally starting a new thread on a stock just because the header is outdated. Anyone coming to the subject will think it's all we've had to say on it
     
  5. Greenman

    Greenman Member Silver Stacker

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    It wasn't started because of the header being outdated. The OP in the previous thread was quite specific, related to a recent drop in the share price. If anything, it was going off-topic. Perhaps mods can merge if they deem necessary.
     
  6. finicky

    finicky Well-Known Member Silver Stacker

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    Happens all the time because someone want to discuss the topic de jour, then a discussion on the stock ensues over months, then someone else, usually a holder, decides he doesn't like the heading because it's negative or outdated and starts a new thread = months of continuity gone.
     
  7. Phiber

    Phiber Active Member Silver Stacker

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    +1
     
  8. Greenman

    Greenman Member Silver Stacker

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    You make a good and valid point about continuity, Finicky. Hadn't considered that.

    Consider this thread closed. Back to the other one.
     
  9. finicky

    finicky Well-Known Member Silver Stacker

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    That's :cool: of you Greenman. Thanks. Just my opinion and I see one other. Looks evenly split atm. On a more frequented sub forum it doesn't matter, but here someone would have to searching for other postings to come across the old stuff on a stock.
     
  10. rbaggio

    rbaggio Active Member Silver Stacker

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    The old thread should get renamed
     
  11. Riyder

    Riyder New Member

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    old threads can be like driving along a dead end road

    eventually going nowhere!!!
     
  12. SilverSanchez

    SilverSanchez Active Member

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    Like this one
     
  13. MyNamesNotBen

    MyNamesNotBen New Member

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    Really wanted to sell the packet I bought at 77c yesterday/today and buy back in if it dips lower but I can't figure out how to do it. Etrade always sells the highest cost basis shares first and I really don't want to realise a loss on the SLR I bought at $1.90+... So for now I hold. With a market cap of $373million (as of today) and gold at $1500AU I honestly still think SLR is way undervalued. My only worry is that now they have reduced their all in cash cost to $1090 and ounce by mining lower cost ore and basically ceasing exploration; sooner or later it will have to go back up and probably higher than the previous $1206 cash cost as the lower cost ore will be gone.
     
  14. SilverSanchez

    SilverSanchez Active Member

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    Australian Taxation does it on a "first in first out" basis, so if your shares first in were 1.90 - thats what you will be taxed on - the brocker has no bearing whatso ever on your tax ather than the brockerage charges.

    I took some profits today, small but if it goes higher ill take a little more over this week
     
  15. MyNamesNotBen

    MyNamesNotBen New Member

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    I didn't know that. Thanks :)
     
  16. trew

    trew Active Member Silver Stacker

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    No as long as you have the records of dates and prices you purchased you can nominate which shares you are selling
     
  17. metalzzz

    metalzzz Active Member

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    Same goes with bullion too
     
  18. MyNamesNotBen

    MyNamesNotBen New Member

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    SLR is going to the moon. 1.045 just before!
     
  19. Greenman

    Greenman Member Silver Stacker

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    You mean this...? :)

    [​IMG]
     
  20. MyNamesNotBen

    MyNamesNotBen New Member

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    What app is that?
     

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