Silver Lake Resources LTD (SVLKF)

[agman13]

Found this little gem recently, and with some research, decided
to nibble:
1. A gold producer, with resources of 6.4 m. oz of gold plus
large amount of silver credits.
2. Mining in a highly prospective and safe regions of Australia.
3. Has a large,, 5000 sq. km. land package.
4. Two producing mines with full infrastructure.
5. Last quarter produced 55,600 oz. of gold.
6. Full year production expected at 151,296 oz.
7. Insiders own over 20 million shares.
8. Van Eck Associates just bought 24,472,291 shares.
9. Baker Steel Capital (known for stock picking) bought
19,775,500 sh.
10.Funds own 39.75% of the shares.
11.Management thinks they can ramp up production to about
400,000 oz. within 2 yrs.
12.Quote on 8-19-13 is $ 0.88...Book Value is $ 3.07

I found this company, searching through the web-page of
"Proactive Investors" an Australian Co.

When I started buying on OTC a few weeks back, the quote was
$ 0.65. There is no following, as far as I know for this
company, on this side of the world. When I was buying, I
was the only one that bought. But this company does have a
following in Australia. So far I have 16,500 shares, as I
personally think it is worth a nibble. But, hey, do your
own DD. I just think that if some of the big boys are in it,
I may follow.

Audi.