Silver Lake Resources

Gold miners are expected to be volatile. But the see-saw price movements in the share price of Silver Lake Resources has been staggering. In January the share price was over $3.60; it swiftly fell almost 40% by May, when we upgraded the stock on 17 May 12 (Speculative Buy – $2.17). Today, the share price is back above $3. All the while, Silver Lake plugs away at gold production. Operationally, little has changed. Drilling results indicate the company has stumbled across a high grade copper deposit that, should it be added to the processing circuit, will yield a nice...

Gold miners are expected to be volatile. But the see-saw price movements in the share price of Silver Lake Resources has been staggering. In January the share price was over $3.60; it swiftly fell almost 40% by May, when we upgraded the stock on 17 May 12 (Speculative Buy – $2.17). Today, the share price is back above $3. All the while, Silver Lake plugs away at gold production.

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