Good Evening Folks,

It has been an interesting couple of days for us. Hang in there we all expected a sp increase and there are many factors outside of SLI that are also influencing our trading and sp. The TSX was down 242 points today, even Barrick is down 17% (9.52/share) from a few weeks ago.

I would like to point out that the avg sold share today over the 192,000 shares traded was at 2.25 (not the close sp of 2.19). The later half of the day when we had the sp falling off the volume of trading was low. Even at the close the bid/ask was 2.16/2.25 (.09 gap). With a buy of 17,000 shares at the days end we would have ended up at 2.32.

So that being said we need some buying volumes coming in and they seem to be on hold for whatever reason. When this happens to any stock you will see the small volumes of trading lower the price and then it will gap out. Any person legitamitely selling for a profit will let the price come to them if there is volume. The sp will turn around quickly when the buying starts.

Bottom line is the low volume of shares being purchased is the reason for sp reduction and other than the 3 big blocks of approx 1 million shares(2.50, 2.60 and 3.00) it is thin below and above. We will see a turbulant sp over the next few days. Bring on the buying and maybe some additional news about the drilling program beginning. Then we will be rock'n and roll'n.

Stay strong folks and remember it will remain emotional for the next few weeks and months.

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