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Message: Expectations and Emotions

Hey folks,

It has been a while since I have been able to post regularly. I have so many comments to discuss but I will keep it as brief as I can:

There has been so much happen in the past few months to summarize. This is my take on some of the items listed below.

  • all the DD - thank you to all the people doing such a great job on the property alignment with the anomolies, exsisting mines and the associated samples.
  • The Permit - We will get this permit soon, we have other permits on this property in the past. Ther eis no reason to believe there will be any that will restrict us from any further permit issues. They were not submitted until Aug 10. It would be a bigger concern if they were submitted in Jan 10.
  • Beer and Bull - I unfortunately will not be able to attend. I think it is a great idea and a good opportunity for people to really discuss openly the SLI story - face to face. Have fun
  • Vilcoro - do not forget we will soon be hearing of the drilling program
  • Trenching samples - we have real good volume and they are sitting ready for assay reporting. this will be additional sample and reassuring comparibles.
  • AMEX - What a good next step. I can help but think this would also come with some stock sliptting to generate more shares on the market.
  • Manipulatation - It is very apparent that they are still sharks swimming in the waters
  • External market factors - US economy, Greece meltdown, Lybia's unrest, Japan"s sad diaster, commodity and equity market pull backs. All these things are beyond our control and we are hanging solid with SLI. all things being equal. Compare other stocks even the blue collars.
  • Management - there has been much disspointment shared across this board about mangements incompetence or lack of development and communication. We truly can only measure this in the months to come. I have been frustrated many times through the stages of the past 24 months but look at the facts. We are sitting over $2.00 and poised to be very accretive in the near future. So I have to continue to manage my emotions and expectations. We all want to see our sp @ $100 today. But we need to keep it real and have appropriate expectations on sp and time frame.
  • Insider Trading/ Allan St. James - Not pleased with his strategy but I have been involved with oil and gas companies all my life and the mangment team has always cashed out these shares prior to expiry. Nobody really cares about that. Remember this is their pay day so to speak.

Look at my avatar and think about SLI in the past year and the years to come. I chose this as I feel it would be a realistic graph that will represent our path. notice the ups and down but continuos growth. This will continue to be an emotional roller coaster until the day we sell Tesoro. GLTA

Go Long..........

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