Re: Todays SP

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Stewie

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Re: Todays SP

in response to

Re: Todays SP

BOW2U

posted on Oct 28, 2011 08:14PM

BOW,

I think you're right that it probably has as much to do with anticipation as anything.

I am expecting the first news to be the AMEX listing...followed shortly by trenching and drilling results(maybe a couple days or a week or so).

I think offers on the properties would come after potential suitors would have had time to digest the results...and correct me if I'm wrong but legally (because this is a publicly traded company) assays could not be released privately to a select few suitors, which makes me believe that until those results are in suitors would never make an offer...and SLI wouldn't want to entertain offers as they would be undervalued.

I don't think non-disclosures open the door either as they are very herd to uphold in a court of law...especially if the defendant has many millions in legal funds to defend.