Just got the Northern Miner & it has the following article in it:

"SLI saw its share price plunge by more than 50% before ending down 49c at $1.21. The decline came after the company released 2011 drill results from its Tesoro gold project in Peru showing numerous gold hits well under a metre in width. The longest interval in the 11 holes released was in hole 6, with 1 metre grading 1.05 grams per tonne from 125 metres downhole, though not true width. St. Elias saw 16.6 million shares traded in the period".

If I wasn't aware of the DD done by our hub leaders, I would say it was an extremely damaging article. If NM was the first contact you made on SLI, you wouldn't be inclined to invest in the stock.

Is it responsible reporting not to include the fact that it was only a partial release and that there were a lot of question marks surrounding the actual NR?

Comments?

Ismore