Re: This website statement gets one to thinking
in response to
by
posted on
Sep 17, 2011 09:49PM
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
Nice post my2!
Its fills me with satisfaction when I see others on this board finally seeing what we have been preaching. To see more of you guys doing your DD and getting the grip of it adds to our credibilty and helps others on this board. I am grateful, for that.
This new website tells more than you might see at first glance. There are numerous clues there for the future.
All of us were being impatient, saying there is no news and such, but it should be realized now why that was the case. Lori has done an excellent professional job behind the scenes while we thought little was happening. My regards for our president just went to the highest after looking over the new website. Its very evident that ALL of management have been very, very busy behind the scenes.
I beleive our Havillah shares are also gonna be very valuable in the future along with any other spin-outs there may be. It seems to me, if you do the math, that Lori is trying to value the Havillah shares at $2. I beleive the Gold Summit property may be able to justify most of that price in the near future. I also see a clause in the IGD agreement for Beaverdell, that the agreement can be terminated at anytime by IGD. If this happens, the Beaverdell will come back to us 100% with no outlying agreements in place, adding value back to our Havillah shares.
Things are handled very professional in this company with the state of the art geophysics and excellent geo,s. This means that our money is not wasted and goes a long ways. The old addage, "you have to spend money, to make money" holds true here. The geophysics is the state of the art technology for the mining industry today and without it, I know SLI would not be where it is today. Although costly, its probably gonna prove to be the best money ever spent. It gets you to the targets quicker and takes years off of proving up a resource. The business that SLI is in, proving up and selling properties, requires this effective tool to take years off exploration. Thus, returning value quicker to the shareholders quicker than traditional exploration techniques.
I beleive Brophy to be a top knotch geo. I haven,t met him yet, but can tell through my reading his early reports, then following him through as the Tesoro progressed. One thing in particular; his early assumptions of the Tesoro uncanningly keep being proved, establishing a high rate of accuracy with me. I beleive he may have taken James Thom under his wing. James is our younger geo and if Brophy is teaching him what he knows, then our future properties will enjoy some of the best geological knowledge helping to propel the other properties along.
I can,t finish this post without expressing my respect for Murry. He goes non-stop for us shareholders and is constantly sincere and genuine. Its a real good feeling for me to know such good people, and I expect to meet more at the AGM.
This is all in my opinion, and I guess its easy to see how impressed I have become with our company.