Discussion in 'Stocks & Derivatives' started by Greenman, Aug 18, 2013.
Now up over 60c
does anyone know what their all in production cost is these days per ounce?
I'm still expecting the AUS dollar to come down to the 70c levels or below which will put the AUS gold price near the $2000 levels.
^ Don't hold your breath waiting/expecting for AUD to come to 70 cents. I would not be surprised if it never does. Debt ridden US and the USD are having trouble staying afloat. US bonds are on a 30 year negative yield, ect. Soon who would want to hold/trade in USD helicopter money backed by nothing? USD is going to down big time soon. The Chinese yuan backed by pyshical gold is what most will want to trade in. A new era.
In this case I only sold 20% of my SLR shares. so still sitting very pretty.
It keeps going up!
Just a blip in the 5 year history radar though
another big move today, up to 71c now. looks like people are starting to look at these smaller gold mines.
Nice 400% gain in less then a year Can't wait to see what it does when the US gold price starts to move up, then things will be very interesting.
Let's hope the current rise is sustained. I was waiting for a pullback to load up some more but that hasn't happened yet!
I sold about 20% at 53c and took handsom profit on that, then it pulled back the next day and dropped to 43c IIRC and sat there for a while. Should have bought back in, oh well, I still my original 80%.
Opposite here. Sold 80% today. Held 12 mth +
Looking at other interests. Still hold BLK & RMS 12 mth +
Good luck all, top stock.
Nice jump today and good rally this month
I sold all mine at 67c, around the time it peaked
Congrats on picking the peak @ $0.67
It's now surpassed that peak. Nice rally recently.
I'm kicking myself for not buy more then i did at 14c
Bloody hell....you had better kick me as well.
Up another 6% today!
I sold some SLR at $0.53 or so to get the majority of my money back "just in case", but I have a large amount left that makes it by far the biggest thing in my portfolio. I did bet big on this one and it's paid off
The question now is how far is it going to go?
It probably go down due to profit taking
Or could go up due to some good news around the corner.
SLR is now making up almost half my portfolio, it's getting scary.
And I have already profit taken a good chunk of my original investment, so tempted to just let it fly. But if it crashes and burns I'm still going to be one unhappy camper.
Scariness aside, I think it's still looking good. They just paid off their bank debt and have $49M in cash and bullion and sales are up 7%
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