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Message: Re: Newgold Acquires Richfield (Compare to SLI)
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Apr 04, 2011 10:11AM
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Apr 04, 2011 12:05PM
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Apr 04, 2011 02:50PM

A reply to this part of your query, Silver;

Makes one wonder why there is little or no institutional ownership, why it is trading at 'only' $2.16/share and if the probability of these 'conservative' numbers being real is that high, why a major hasn't swallow this guppy up.

This companies sharebase was built by Murry and others getting the everyday people to invest in SLI. The institutions were not asked to participate (to my knowledge). I would assume that Lori has been approached by funds, but has not taken them up on their offers. Our sp is so strong because of this fact, IMO. Thats why we are at a nice sp without a drill in the ground. Lori was very smart and built this company with the help from the individuals, that she knew she could count on and trust. That is what makes us so strong. You dont see this type of thing very often, as a matter of fact, you can count on one hand the number of Venture companies that have ever been able to manage this feat.

A major CANNOT swallow us up because of these very reasons, if a major wants us, they have to play nice and knock on our door.

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