you are viewing a single comment's thread.
assuming gold price stays at what it is now, this generates about $140M/yr in profits to SLW. about a 13 year payback.
Financed with debt just issued.
dbtunr, Do you really think Gold will stay at what it is now over the next few years?...I sure don't.....SLW Is a strong buy for sure
Sentiment: Strong Buy
historical commodity cycles run 16-20 years. We are 12 years into this cycle.