The industry will collapse when GOLD breaks down thru $1000/oz. The smart money knows this....SLW is the most vulnerable in the industry....SLW has been nothing more than a paper tiger....junk stock....will go to pennies within a year.
Have you seen how strong the balance sheet is?
Total Cash (mrq): 778.22M
Total Cash Per Share (mrq): 2.19
Total Debt (mrq): 50.06M
Total Debt/Equity (mrq): 1.61
Current Ratio (mrq): 15.88
Book Value Per Share (mrq): 8.77
you do realize that SLW has covenants that would then force those miners into BK with SLW being the senior holder? That means SLW then owns those mines. You were always a big douche rat trying to scare people