An interesting article popped up this week regarding the outstanding short positions on Silverado’s stock. The article was carried by PRNewswire-FirstCall referring to Buyins.net who said:

“From November 2005 to October 2007 approximately 1.9 billion total aggregate shares of SLGLF have traded for a total dollar value of nearly $184 million. The total aggregate number of shares shorted in this time period is approximately 143.4 million shares. The SLGLF SqueezeTrigger price of $0.099 is the volume weighted average short price of all short selling in SLGLF.

The first of several short squeezes is expected to begin when shares of SLGLF close above $0.08, where approximately 12 million shares have been shorted”............................................. this is part of an article from Nov. 2, 2007