Separate article 17/04/2014 from The Fool on Bullion Vault:
1 of 3 gold stocks to hold incl Beadell and Doray.
Silver Lake Resources (ASX: SLR)
With two operating plants and several mines at Mount Monger, Silver Lake has the potential to ramp up production quickly, should the gold price surge even higher. Having recently put its Murchison operations on care & maintenance, it too could be brought back into production if needed. With all in sustaining cash costs of around $1,070 an ounce, and guiding to produce between 205,000 and 220,000 ounces of gold for this financial year, Silver Lake mat be set to surprise investors when it reports in August
Like the part about being able to ramp up production quickly!
SLR Price at posting:
47.2¢ Sentiment: Hold Disclosure: Held
