I hope the next PR has long streches of .5 Gr / ton or more . Here is why....

I only copied this I did not make the HIGHLIGHTS OR BOLDS.....

SLI Meeting

Hold Your Shares Tight

“Share Price Prediction” (SP) (these views are shared by many fellow investors) this prediction is based using only one anomaly within the original 5000 acres (the one with the bright red inside shown in the top right of this page). All of the numbers below are as conservative as possible, based on significant amounts of research done by many fellow investors.

TEO = A X B X C X D X E (TEO = Total Estimated OZ of gold in the ground)

SP = TEO X F divided by G

A = Volume of the one anomaly in Million M3 (MM3) 1800M X 1700M X 1300M = 3978MM3

B = Density of the host rock (quartz) usually use 2.7T/M3, but we’ll use 2.5T/M3

C = Scaling Factor (conservative, and consistent with previous calculations) scale it by 68% (X by 0.32)

D = Grams per Tonne (g/T) Estimate (the bulk samples averaged 29 g/T, however we’ll use only 1g/T)

E = 1 OZ/31.1g (1Troy OZ of gold = 31.1g)

F = Price for gold in the ground (can vary, a conservative number = $150 / OZ, adjusted avg from below = $769 / OZ)

G = Number of fully diluted outstanding shares (presently approx 115 Million shares)

TEO = 3978MM3 X 2.5T/M3 X 0.32 X 1g/T X1OZ/31.1g = 102 Million OZ

SP = 102 Million OZ X $150/OZ divided by 115 Million shares

SP = $133 per share (as high & unbelievable as this may seem, this should prove to be a conservative number)

Four Recent Takeout Examples

Gold Price @

Company Year Take Over Price (M $) TEO (gold OZ) $ per OZ SLI Equiv Time of Takeout

Fronteer 2011 Newmont $2300 4.2 Million $547 $20.00 $1410

Ventana 2011 AUX Group $1430 3.5 Million $408 $12.43 $1340

Andean 2010 Goldcorp $3600 2.54 Million $1417 $31.25 $1250

Aurelian 2008 Kinross $1200 13.7 Million $87 $10.43 $950

Avg Prices = 5.99 Million $615 $18.53 $1238

Aurelian was by far the lowest, but, Google “Betrayed: the story of Aurelian Resources” you’ll see the shareholders sold much too low!! (It was three years ago, but I included it to bring the average down)

·The average Gold Reserve from the three examples above = 5.99 Million OZ

·The average Equivalent SLI share price from the three examples above = $18.53 per share

·The average price of gold @ takeout time was $1238, 25% lower than today’s prices, so the $615 per OZ avg adjusted by 25% = $769 per OZ, which is more than 5 times the $150 per OZ we used above. This is not accounted for!

Bottom Line: If we have 102 Million OZ, that is 17 times as much as the 5.99 Million OZ average, so what is 17 times the average share price of $18.53 per share? (Answer = $315 per share)

And, remember, our gold price was low by a factor of 5

Math does not Lie !!