20. Silver Lake Resources (SLR) A mid-cap gold producer that re-opened the historic high-grade Daisy Milano mine in 2007 for relatively low capex, generating good cashflow almost from start-up. Three new lodes within 120m of current mining areas at Daisy Milano should lead to production and mine life increases, according to Hartley. Silver Lake Resources has exploration potential at both Mt Monger and Murchison projects.
Looking forward to some good announcements very soon. Decision to mine Magic, mill upgrade complete, assay results on top of a good quarterly.
SLR Price at posting:
$1.06 Sentiment: Buy Disclosure: Held