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SLR, SILVER LAKE RESOURCES LIMITED
mullokintyre
post Posted: May 20 2020, 12:41 PM
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In Reply To: mullokintyre's post @ Apr 22 2020, 11:09 AM

I deffinitely sold out too early!!
Up to 2.24 today, obviously gold is attractive at the moment.
mick



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mullokintyre
post Posted: Apr 22 2020, 11:09 AM
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In Reply To: mullokintyre's post @ Apr 15 2020, 10:13 AM

SLR Increasing its expected full yer sales to 250,000 to 260,000.
Market obviously likes it, I may have sold too early. but hey, a profit is a profit.
Was hoping to buy back in cheaper, looks that that may not happen for a while.
Other gold stocks been down, so its a very good result.
Mick



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mullokintyre
post Posted: Apr 15 2020, 10:13 AM
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In Reply To: mullokintyre's post @ Mar 16 2020, 09:22 AM

SLR Approaching all time intraday high of 1.795.
Time to take the profits me thinks.
Been a great run.
Mick



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mullokintyre
post Posted: Mar 16 2020, 09:22 AM
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In Reply To: triage's post @ Feb 12 2020, 08:29 PM

Bought some more SLR, down 30% from its high, still producing gold at 1300 an ounc AISC, (if diesel drops, that figure may go a bit lower).
Gold still holding above $2500 ounce, so even with some forward hedging at 1900, there is nice profits to be made.
Mick



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triage
post Posted: Feb 12 2020, 08:29 PM
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In Reply To: mullokintyre's post @ Feb 12 2020, 09:30 AM

The SLR share price has gone gangbusters since they bedded down the EGA deal. Left RMS for dust Hopefully if Ramelius get Spectrum with not too much drama RMS will go on a similar run (though I'm a bit worried that Ramelius might be paying top dollar for its add-ons whereas by all accounts Silver Lake got a bargain with Egan Street).



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"The market can stay irrational longer than you can stay solvent." John Maynard Keynes

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog
 
mullokintyre
post Posted: Feb 12 2020, 09:30 AM
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In Reply To: bg99's post @ Jan 22 2020, 05:28 AM

And a little more good news.
Latest drilling results from Mount Monger show some fairly high grade results.
Can't do any harm to the future prospects.

Mick



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bg99
post Posted: Jan 22 2020, 05:28 AM
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In Reply To: mullokintyre's post @ Jan 20 2020, 10:52 AM

Makes for good reading Mick

I liked pg 9 of recent PRU quarterly, Yaoure should add 230k oz per year if you do the maths when it comes online, current production from half year from would be 270k oz
SBM should be re-rated if they sort out their ventilation issues which is due to be sorted around March (this could change though of course)

Anyway some good gold news out there
Cheers


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mullokintyre
post Posted: Jan 20 2020, 10:52 AM
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SLR had a pretty solid quarterly.
All the ducks lining up.
Approaching an all time high, maybe its all those shorters covering their posteriors.
Onwards and upwards.
Another happy goldie,
Mick



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blacksheep
post Posted: Nov 27 2019, 12:11 PM
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Macquarie initiates coverage of SLR with outperform rating
QUOTE
Gold miner and explorer Silver Lake Resources has jumped out of the blocks today, helped by a bullish broker note from Macquarie Research.

The investment bank has initiated coverage on the stock with an outperform recommendation and price target of $1.40, significantly higher than its present trading level.

“SLR’s acquisition of the Deflector Gold mine via its merger with Doray Minerals in April 2019 was key to growing SLR’s production and lower group AISC. We expect Deflector to continue its year-on-year production growth trend since first gold in mid-2016 with a modest guidance beat in FY20 after a strong first quarter in FY20,” Macquarie said.

Importantly, we are confident that recent strike extension drilling success will translate to at least another 1.5 years on the more than three-year mine life currently in reserves.

Macquarie anticipates gold sales from Deflector of 92,000 ounces at an all-in sustaining cost (AISC) of $A1,225 per ounce against guidance of 85-90,000 ounces at an AISC of $A1,200-1,250 ounces.

SLR shares have spiked in response to Macquarie initiating coverage of the company, lifting 5.7 per cent to $1.11. The broader All Ords gold index is currently up 1.8 per cent for the session.


Total short positions have been coming down - as at 20/11/19 = 6.06%
https://www.shortman.com.au/stock?q=slr
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 18 2019, 02:26 PM
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In Reply To: mullokintyre's post @ Nov 17 2019, 10:05 AM

Ooops - you're right - wrong Silver Lake. My bad.

https://www.shortman.com.au/stock?q=slr
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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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