SLR 0.00% $1.57 silver lake resources limited

Have you not read recent drilling results. Most of SLRs come...

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  1. 1,050 Posts.
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    Have you not read recent drilling results. Most of SLRs come from underground mines - there’s no point in drilling to far beyond stopes that have been mined - especially as they go deeper because it becomes too expensive.

    I don’t know what about 6-7 underground pits open in many directions worries you re reserves.

    There are still a number of prospective leads and SLR has plenty of cash to follow up.

    Also copper credits are immaterial - 2000 ounces - the rise in gold price has far outweighed an loss in copper income.

    My gut feel is that there is corporate action going on - there are plenty of other gold stocks with smaller reserves or who don’t even mine going gangbusters - don’t ask me what but DCN remains in suspension.

    GLTA/IMHO
    Last edited by Samscout: 24/02/20
 
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