SLR silver lake resources limited

rbc ups price target from 3.50 to 4.50, page-7

  1. nk
    3,203 Posts.
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    you can have great management but at the end of the day its exploration success that drives outperformance. When I first invested in SLR I considered it a wildcat punt.

    They had only a few years resources at Daisy Milano and big ideas when I bought the story. No one knew how deep the reef would go.I took the punt because of the management team and because Keith Goode had written a research report in which he made a big deal about the potential of the Haoma lode which at that stage they hadnt explored. Well keith baby you were spot on thank you very much

    Exploration success will continue to drive outperfomance here. One area to keep an eye on is under the salt lake in the Murchinson prospects. they havent explored it yet but Team Les seems to think its really hot exploration property.

    This will be the once in a lifetime gold stock for many punters. I know one mum and dad outfit, who bought 50,000 @ 20c. they had never invested in the stockmarket before. They think this is normal! My wife told them to buy and hold for 5 years and they will pay off their mortgage with it, and they will

    Final targets are anyones guess. There is so much going on here on the exploration front you need to give the stock another 2 years just to let the dust settle on the drill core

    If we have a really big gold bull run SLR will be the frontrunner, targets of $15 to $20 come to mind with $2500 gold and ongoing exploration succes firming up that 10million ounce target

    gold juniors can make you rich , probably one in 50 that is

    this is the one in fifty



 
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