SLR silver lake resources limited

Ann: Resource Upgrade_July 2010 , page-3

  1. 11,147 Posts.
    lightbulb Created with Sketch. 644
    SLR delivers once again. Actually the target for the period was about 880,000 ounces so they have exceeded the target by 14%.

    It looks like a resource of 5 million ounces is 18 months away. By which time they will have started on the Murchison mine, I imagine.

    The quarterly report should be sound again, with a nice jump in the cash balance despite the ongoing drilling program outlays.

    Now all we need for SLR to race to $3 is for the POG to go up like it did last year from late August. Not that the current POG is poor, but higher is always better.

    loki
 
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