We are cutting SBM from the portfolio for a loss before it goes ex-entitlement for the Genesis (GMD) shares following the deal to sell it’s Leonora assets, preferring Silver Lake (SLR) for gold exposure.
MM is selling SBM in the Emerging Companies Portfolio around 53c
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We are buying Silver Lake Resources (SLR) following their strong gold sales update out this week.
MM is buying SLR in the Emerging Companies Portfolio, allocating 4% around $1.10
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