Sculpin,

I certainly agree that this is a true concern that we are needing to deal with and it is ultimately impacting our buying interest - that is a given.

Back from Feb 22 - April 25 we had good volume and a buzz around the company developements and the volume was an indication of this. It was difficult for these people manipulating the sp to control this as the volume was strong and continous.

During this time we only had 10 days out of the 2 month period were the daily trading volume was under 100K shares (approx 16% of 60 days). The sp was in the 2.30 range with some peeks in there to 2.70. In the last 20 days there has been volume less than 100K/day (50% of the time). The sp has declined from 2.10-1.83 (.27 or 13%)

This would suggest to me the investors are nervous lately and/or losing interest in this stock at the moment for some reason.

• Is it the manipulators creating fear?
• Is it the management team and the apparant lack of moving the plan forward quick enough? Maybe concern around the blackout thing and the lack of news...
• Is it something else?
• We have the EIS approval, drilling and trenching news, anticipation for June drilling (possibly on 2 properties). things should be buzzing

The next 2 weeks will be a critical time for SLI IMO. We need something to bring more interest to the market. Don't get me wrong I am not saying that we don't need to discuss the shorting concern or that you have not done DD. I am very thankful for our board.

All this is telling me that "volume is the key" to our success and it is a concern that we are not generating more new interest. The big promotional tours have not panned out so far and we are about to get busy on Tesoro. Very confusing why? IMO this low trading volume is making shareholders nervous and this supports the advantage to these manipulators and their games.

Go Long........