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Message: Re: M&A activity on the rise
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Sep 24, 2010 07:35PM
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Sep 24, 2010 08:21PM
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Sep 24, 2010 10:52PM
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Sep 25, 2010 09:21AM
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Sep 25, 2010 09:22AM

Sorry Sculpin, I see what ya mean. Well I'm not sure how it'll all work out, but I did pay attention to the recent Andean deal with Goldcorp, and the bottom line on the takeout price, was they basically payed approx $1400/OZ in the ground. The Friday they announced that, the shares were above $7.00, and it traded over 73 Million shares that day. They have approx 4.5 times the shares outstanding than SLI does, so that's about $31.50 in our dollars, and that was based on 2.5 Million OZ, and some silver? Approx 3.6 Billion $ Takeover.

I, as everyone else is, am patiently awaiting the new 3D images of the entire property, the EIS & drill permits, and then the rigs moving in, hopefully heading right for the anomally from the 1st 3D image. If they prove that anomally justifies that purplish color from the news release, well we all might be on vacation mode?

Very long, and excited about our future!

2
Sep 25, 2010 05:13PM
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Sep 25, 2010 09:12PM
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