mf tempted at current price

A little more from the Fools on SLR today. An interesting view on 'no debt' - issued equity instead so there is a 'debt' it's owed to its owners - us! Nevertheless seems bullish "...It will also put the company on a firm footing to generate profit in the next two years"

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Lastly, in the gold sector Silver Lake Resources Limited (ASX: SLR) is a low-cost producer to watch. In recent years its share price has been walloped (to say the least). Investors shouldn’t be fooled by SLR’s claim to have no debt, it has been issuing shares instead. Nevertheless, with its troubled Murchison operation now on care and maintenance, Silver Lakes’ costs per ounce of gold will drop.

Management recently released its quarterly production report and believes its full-year production from its Mount Monger operations will exceed guidance of 170,000oz and is expected to achieve an (unaudited) All-in Sustaining Cost (AISC) of $1,032/oz. This leaves plenty of room between the cost of production and the current spot price of gold at US$1,300. It will also put the company on a firm footing to generate profit in the next two years. Management said group guidance remains unchanged at between 205,000oz and 220,000oz of gold. At $0.44 per share, Silver Lake could prove to be a bargain.

It is the only company not in my portfolio but it is extremely tempting at current prices

http://www.fool.com.au/2014/04/29/3-high-riskhigh-reward-stock-picks/