Silver Lake Resources (SLR)

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

  1. Greenman

    Greenman Member Silver Stacker

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    So $0.95 it is then. What happens tomorrow? Another 12 million sellers?
     
  2. MyNamesNotBen

    MyNamesNotBen New Member

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    Well there was just a trade made at $1.01 .. How does that even happen?

    [imgz=http://forums.silverstackers.com/uploads/7424_screen_shot_2013-08-27_at_71724_pm.png][​IMG][/imgz]
     
  3. Greenman

    Greenman Member Silver Stacker

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  4. leo25

    leo25 Well-Known Member Silver Stacker

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    yep looks like another 12 million.
     
  5. Phiber

    Phiber Active Member Silver Stacker

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    Can't wait to dump this.
     
  6. dollars

    dollars Active Member Silver Stacker

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    Just checked data for SMI

    40% move today on 61K traded ??? big move on small volume

    expect a call from ASX for a please explain (speeding ticket!)

    I will check for any recent announcements. :D
     
  7. dollars

    dollars Active Member Silver Stacker

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    I understand your feelings

    However are you aware that if the POG continues to rise these marginal producers may reward shareholders with the highest gains?
     
  8. SilverSanchez

    SilverSanchez Active Member

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    Updated resource estimate, also leverage to silver
     
  9. Silvercross

    Silvercross Member

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    These are the guys that people need to be on when silver starts it's run.
    I liked these guys a while ago but I could see silver prices going down so I held off but there looking undervalued and when they go they will run.
     
  10. Greenman

    Greenman Member Silver Stacker

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    End of the trading week and this stock is down 2.97% from the Monday open (1.01 > 0.98)

    GLD down 0.93% from $1397.80 to $1396.50 (USD).
    GLD is up 1.34% from $1548.06 to $1568.83(AUD)

    SLV down 2.28% from $24.08 to $23.53 (USD).
    SLV is down 0.9% from $26.67 to $26.43 (AUD)

    15% dilution of shares this week. Ouch!

    GM.
     
  11. Alfie

    Alfie Member

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    Taking a punt on this
    Sold half my holdings late last week @$0.995
    Actually liked their financial account disclosure AFTER the close, they have battened down the hatches should POG go lower and have opened up upside possibilities should the POG keep marching that way.
    So back in with other half plus profits @$0.94, usually wait to get a better spread but feel confident
    Cheers
    Alfie
     
  12. MyNamesNotBen

    MyNamesNotBen New Member

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    If only..

    [imgz=http://forums.silverstackers.com/uploads/7424_screen_shot_2013-09-03_at_72626_pm.png][​IMG][/imgz]
     
  13. Greenman

    Greenman Member Silver Stacker

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    End of the trading week and this stock is down 13.78% from the Monday open (0.98 > 0.845)

    GLD down 0.55% from $1396.50 to $1388.80 (USD).
    GLD is down 3.64% from $1568.83 to $1511.71(AUD)

    SLV up 1.32% from $23.53 to $23.84 (USD).
    SLV is down 1.81% from $26.43 to $25.95 (AUD)

    I think this one will be treading water from here till at least the close of the CR on Oct 4.

    GM.
     
  14. finicky

    finicky Well-Known Member Silver Stacker

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    What's CM? :|
     
  15. finicky

    finicky Well-Known Member Silver Stacker

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    What's CM? :|
     
  16. Greenman

    Greenman Member Silver Stacker

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    My bad. CR (Capital Raising). :/
     
  17. Stackman

    Stackman Member Silver Stacker

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    Received our Notice of General Meeting and voting sheet today.

    No message, explanation or rationale from the board as to why a capital raising was necessary or desirable. Just presented with some mumbo-jumbo and the voting sheet - take it leave it.

    Also no correspondence about the share purchase plan, although that was only announced yesterday so might still be coming.

    SPP at $0.85, meanwhile share price closed today at $0.825.

    Things that make you go "hmmmm". :|
     
  18. SilverSanchez

    SilverSanchez Active Member

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    Dont worry its fully underwritten - so doesnt matter how low the sp goes - they'll get the money
     
  19. finicky

    finicky Well-Known Member Silver Stacker

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  20. SilverSanchez

    SilverSanchez Active Member

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    That disclaimer is old, it mentions CJO shares held
     

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