Re: Capturing maximum value
in response to
by
posted on
Oct 25, 2011 03:30PM
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
going into production on tesoro property is not an option for sli.
not only is it not in the company objectives (proving up resources and optioning off/selling of properties), there also was an interview on you tube by norman j.r. mackinnon, financial officer for sli, in bejing, china on approximately june 7, 2010. he mistakenly suggested that we were to go into production on the tesoro properties and was subsequently fired for even suggesting that. i believe that is when we were blessed with Murray as a wonderful addition to our sli team.
if we were to go into production, we could be sued for wrongful dismissal, by mr. mackinnon and with all the lawyers expences, etc. that would not be a cost effective use of our money.
tesoro is not even available for optioning off (check the profile of the tesoro properties). it is inevitable that tesoro will be sold, to one buyer or several does not matter. a net smelter fee however is an option.
how's that for due dilligence?