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$1.57 silver lake resources limited

Ann: Improved Proposal to Acquire St Barbara's Leonora Assets, page-36

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Xagxau

798 Posts.

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20/05/23

23:30

Post #: 67881400
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Originally posted by DrDrill69: ↑

Spot on cobar ! Back in 2014 SBM was virtually dead and trading as low as 7 cents. At that time i came in big time and sold majority between $2 to $4 . This was at that time life changing. Once again with clever management who don't become complacent SBM will thrive once more just like
previously. Since it's early days it has had good times plus not so good but each time it was reborn to be profitable because the gold is there and in high grades providing smart exploration and mining methods are applied. IE mine the areas that have been good in the past the south west zone.
GMD know this that's why they are so eager to get SBM. Tonkin knows this he has been there before .Eventually other mines in the area will be gobbled up natural progression . Finally could this be the springboard for SLR to go to the next level in the future ?

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so this implied that whoever getting sbm mines now either gmd or slr (due to both savvy operators), sbm leonara shall rise again like phoenix?

SLR Price at posting: $1.08 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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