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Message: Newgold Acquires Richfield

IMO you are so right Sculpin. There was a time when SLI had far less than half the shares outstanding, they now have. Built on trust, everyday people, and a very smart lady at the helm of this mothership. I say this because the reason for hostile take overs is that the original management has to raise capital to afford the cost of testing etc. That generally means that if another company or person wants to gain control of a company with common shares on the market, all they have to do is buy up enough of us small time common shareholders to get 50% plus 1 share. They then control the vote and can make the company do whatever they please, by appointing their own board of directors. The BODs then make the decisions for the company, based on their own personal interests. Whenever Lori needed more capital for proving up or expansion, you will note that warrants and options to the BOD or management went along with the shares offered to raise capital to do the work. I believe that Lori, and the management team, along with trusted investors of SLI have enuff shares in the company, that they will never lose the control to anybody. Years in the stock exchange taught that lesson to Lori and she has sculpured her and our company so that no one besides management would or could ever take control, majors included. I personally trust the management enuff to believe this or I would not be invested to the point I am. Just a little more "food for thought". as always. just my opinion. Rinky

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