I'm taking the liberty of offering my suggestions as to how to get the most out of a sale of Tesoro immediately.

You would do the following: When you identify an acceptable suitor you enter into a contingency sale or option to purchase agreement with them. Here are the basic terms..... 1) The buyer puts up an amount of money (for the option to purchase) which will be used by SLI only to identify and confirm the amount of gold estimated is on the property 2) A purchase price will be established and agreed to for different levels of gold deposits identified (Example: Different prices would be given at each 5 million ounce estimated total). 3)The proposed buyer will have a stipulated amount of time for the option period and a 2-3 month period after the option period to either go through with the purchase at the agreed to prices or to forfeit it's deposit and it's option and have no further recourse or option for the purchase of the property. 4) All other terms and conditions agreed to by the parties

Obviously the buyer will need to believe there is gold on the property (based I presume on past reports and it's own due diligence) and also have a desire to lock in it's ability to purchase Tesoro at agreed to prices so as to assure their hold on the property. This is a great opportunity for a Barrick or Newmont type company or a foreign entity or buyer. It's also great for SLI as SLI will have the money to do a massive drilling campaign and for SLI to be assured of getting the price it wants for the property in the most expeditious manner without having to spend it's own cash for the drilling program. JW