Good post jon_doe, if some have not seen the clip on "Betrayed: The story of Aurelian Resources", it's worth looking at (about 4 minutes)

In my opinion, we have the exact opposite Management of this story. I truly believe we have a very trustworthy management, with absolute shareholders interests as the top priorities.

You mention $40 on 13.7 Million OZ, as well a more recent story was Andean. That 3.6 Billion offer by Goldcorp, on a much smaller reserve, (the offer was $6.50/share, and or a share/share-cash deal) I remember watching the shares climb Friday Sept 03, 2010 to the 52 week high of $7.33/share when the news hit. They have more than 4.5 times the shares outstanding than SLI, so in comparison, that would be like a $33.00 for SLI, on a very low number reserve.

Bottom Line though obviously, as always mentioned by all, we need the permit, and we need the results!