GREY:STTYF - Post by User
Comment by
bob4977on Oct 22, 2013 11:15am
337 Views
Post# 21837167
RE:For Those Who Invested in SLW Since the Beginning...
RE:For Those Who Invested in SLW Since the Beginning...Hi Gazelle,
I was not in SLW from the beginning but do remember it dipping quite a bit in the financial meltdown. I do not recall a lot of bankruptcies but only got in in 2009. My thoughts are that SND is in such pain because they invested in too many weak companies. I recently got back in this company because I thought I saw value here. They have an actual stream that is covering expenses and have CSI which should go into production early 2014 and start producing palladium for us Q4 2014. I would imagine investors are less anxious to invest in SND now because of so many bad deals. We are probably in wait mode till we show continuous cash flow and the resource market shows more life. If that happens our share price should also rise. Then when we get some deals in the pipeline we can raise more cash at a more favourable rate.
This is a speculative stock right now but we do have upside.
Bob