As was stated by Lori at the AGM that the Blackout would remain in place unless there was a situation that a blacked out shareholder had to liquidate holdings for a particular reason...at that point she would consider the lifting of the blackout. This piqued my interest and I have investigated further.

here is what I have come up with through my discussions with members of the Company, My accountant, my Lawyer and my Broker.

When the PP took place those who participated will have taken on a tax liability which is due before Jan 1...some will have alotted for that liability already and some will have planned to liquidate some of their holding to cover their tax responsibility.

...now here is why I believe there is a good chance the assay results will be released prior to JAN 1st.

It is my understanding that should the shareholder not pay the taxes owed...the burden in this case would fall on the Company as per certain clauses common in a PP.

If this is the case with the SLI PP...the company is faced with 2 options (both viable):

1. Release the blackout to allow for the blacked out shareholder to liquidate for the purpose of raising the funds to pay his or her taxes. This would require the release of the information that was the cause of the blackout. In this case, the ongoing assaying and subsequent results (as was stated by Lori at the AGM)

2. Should the company strategically feel it is worth shouldering the tax burden rather than releasing the results or simply cannot release result that are not yet complete. They would maintain the blackout and not release the results prior to JAN 1 and take on the additional expense.

I want to be clear...both options are viable...I just happen to believe if there is a way to avoid additional expense without a negative impact on the company...it would make sense to do it. That is why I think there is a stronger chance than not we will see the results before Jan 1.

Just one man's opinion,

S.