Hang in there friendsThe markets are irrational right now. All the more reason that smart investors keep a level head. SLAM is a bargain and this will be proven in time. We`ve had good drill results and hopefully we`ll get more good news over the next few days. Every increase in the price of gold (POG) is pure profit as the cost of extraction /processing is fixed. It is very possible,even likely, that SLAM has a lot of gold.
Because investors are nervous there is a lot of money sitting on the sidelines.However, that money is doing nothing to help them recover losses. If and when the spotlight shines on SLAM then I can see a lot of investors wanting in on it. We could see a lot of sudden interest in SLAM and every other gold play. There could be a huge increase in the number of people who want a bit of gold in their portfolio.
Don`t panic...don`t sell. Patience is the key to success! Jack