SLR 1.97% $1.82 silver lake resources limited

Ann: March Quarter Production Update, page-10

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  1. 10,469 Posts.
    lightbulb Created with Sketch. 155
    Bought some on the open.

    Excellent quarter results, IMO, with AISC possibly around $1000.

    No idea how they will do in future quarters. This could be a once off result. The key was the much higher average ore grade going throught the mill of 4.95 g/t vs 3.8 g/t in previous quarter.

    There should be a reasonable uptrend in the share price once the brokers wake up, and tell their clients.

    Was hoping to buy back during the seasonal mid slump in the gold price, but now seems better.

    GLA

    loki
 
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