SLI is just the weirdest mining company I have ever owned shares in. Two months ago we were told the permit is certainly coming, that management knew the date, but they could not tell us. So why tell is the first part? Now we have some news that management tells us they are very excited about, but again, cannot say.
Any other company would just STFU until they issue a NR.
Since I will surely get pummeled by the board junkies, I should also let you know I still hold my shares from 60 cents. I also see big potential here but do not see this board question much out of management. It's like one big love in.
If they announce more land, down we go back to 1.75.
Aside from the strange management, guessing is fun so I'll throw my hat in the ring and predict a major (Barrick) has taken a large position in SLI judging from the 1.80 plateau for 3 months.
GLTA