Silver Lake Resources (SLR)

Stacker-man

Stacker-man

Active Member
Silver Stacker
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).
 
K11TS00bullion said:
Good job a nice clean new thread
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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 I don't agree with unilaterally starting a new thread on a stock just because the header is outdated.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
 
finicky said:
K11TS00bullion said:
Good job a nice clean new thread
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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 I don't agree with unilaterally starting a new thread on a stock just because the header is outdated.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
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It wasn't started because of the header being outdated.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.
 
Greenman said:
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.
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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ensues over months, then someone else, usually a holder, decides he doesn't like the heading because it's negative or outdated and starts a new thread = months of continuity gone.
 
finicky said:
Greenman said:
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.
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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ensues over months, then someone else, usually a holder, decides he doesn't like the heading because it's negative or outdated and starts a new thread = months of continuity gone.
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+1
 
You make a good and valid point about continuity, Finicky. Hadn't considered that.

Consider this thread closed. Back to the other one.
 
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.
 
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.
 
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
 
SilverSanchez said:
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
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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
 
trew said:
SilverSanchez said:
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
Click to expand...

No as long as you have the records of dates and prices you purchased you can nominate which shares you are selling
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Same goes with bullion too
 
MyNamesNotBen said:
SLR is going to the moon. 1.045 just before!
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You mean this...? :)

9588_untitled_z.jpg
 
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