Unlocking value
posted on
Sep 01, 2011 09:56PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
IMO
The optioning of the E claim to IGD is the best thing Lori could have did. I hope to see the rest of the NEW properties optioned off ASAP. I would like to see all them optioned to IGD, but, that may be unwise if she is trying to unlock as much value as she can from our portfolio of properties.
I beleive I am starting to understand the dynamics of her strategy. IGD can probably only focus on the one claim right away, so maybe it would be wise to get , lets say 3 companies all going at once on these claims.
For instance; if IGD finds excellent initial samples from their program that is starting immediately, Bang! This adds value to SLI right away to an other wise dead portion of SLI. Do this exact same thing with a couple more of those surround ing properties, Bang! More value unleashed in a heart beat!
So, we could be drilling the Tesoro for the next couple of months, while several other companies are unleashing more value to us shareholders, hence adding to the sp, like everyone wants, for the sp to go up!
Also, IGD may need a PP in the future, I beleive SLI shareholders should be the first asked to participate. I say this because we own around 12% of IGD now, and if somehow in the future the companies become more entwined, this would be a good thing. Maybe a merger of the 2 companies would be an option in the future?
IGD was started for a reason and somehow will play into our future for the best. Lori would never try to undermine the shareholders of our company, it just would not work. In the end, she has to answer to the shareholders, and the shareholders can vote. Its because of this, that she will do good by us.