So, everyone seems to be very upset with this NR and the relationship with IGD being so close, let me pose these question:
- We have more claims that will more than likely be optioned out for the continuation of this apparent strategy, what if the others are optioned out to IGD again?
- Is it better to have multiple companies or less to become involved with this project?
To me the option strategy works for me, with far more developement happening faster than SLI could carry out the program before the hopeful sale date to bring forward as much valve in the 17,000 acres of land. This is a great plan in my mind. The flare up on the board seems to be focused more on the IGD management alignment than anything else. We don't know the rational yet, It may end up that it host some value at the end of the page.
We can only measure from the back end of time and not on what just happened. Let's all try to "measure on results, not strategy". Opinions are great but only time will tell us results.
When I discussed this with Murry he said (like BOW mentioned) that this is a good deal for SLI. Time will tell. Good conversations folks it has been entertaining - I like the passion that this board has for this stock.
Go Long........