SLR 0.00% $1.57 silver lake resources limited

SLR's resource has grown since July and is probably greater than...

  1. 130 Posts.
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    SLR's resource has grown since July and is probably greater than 2Moz's by now.

    Cash costs will be reducing.

    Current production for fiscal 09/10 is forecast at 60~70koz's, but the rate at which the mill is now running at is higher. So planned production should be just over 100koz/annum.

    Debt free with $28M in their pocket and they are underway with an aggressive 115km drill programme. Only four months away from a resource upgrade.

    Also three words, Neon Les Davis. Like you said you've done well and he hasn't let you down yet so why do you think he will now. If he can find what he is looking for (+5Moz's) then I can't see too many problems.

    I must admit both stocks are over due for a mad run up.
 
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