Nice to see you drop in.

The CTO took effect Jan 21, 2011.

We closed that day at .0041

We are down 61% from that point and in day 160 of the CTO in BC only as you stated. SLGLF is still trading in the US & Germany. As to why they have not filed ditto, all I can gather is the compliance issue is BC only, and yes, residents cannot buy sell.

The company acknowledged the CTO with a filing just recently, and is assumed on this board to be the 1st step of many, working towards a decision to get it lifted.

The BCSC simply put, placed this due to not being compliant with legal reporting requirements. There was something about the TB 43-101 report that was "faulty"? We also are assuming the company and it's counsel are working towards correcting this and become compliant.

The next hurdle as everyone here says often, is obtaining financing and get the assets out of the ground and sold in the market. Won't be easy...we all know that.

Trading varies but 10 - 20 mln/day with 3 bln oustanding is nothing. How much is held in BC, Germ & USA is unknown by us here, but I'd think the company would have those figures?

The previous CTO started 5-13-08 and lifted 8-5-08 (84 days). Is there a relation to this one currently almost double the time as to the severity of the CTO? We could draw that conclusion but we can't be sure.

If we saw 100, 200, 300 mln trading day after day and and continued slide, I'd be worried, but that is not happening.