Excellent post Primed, I am on your side this time.
People, in doing their DD need a place to start, so if they use the $20 level of gold per ounce in ground, great. That was a year ago, things went up a bit. I beleive if you use that figure here and plan on getting into this stock, you are gonna miss the boat. As a matter of fact, if you use that number on most junior gold plays today, you probably won,t be buying any.
Most of the shareholders of SLI are like one big family, with the same notion in mind, buy, dont sell. For our sp to be where it is right now without a drill in the ground, is amazing. BUT, its partly because of the strength of the SLI shareholders, we beleive this story. If anyone else wants to get in, they have to buy whats left of the share float, as this gets smaller everyday, new people have to pay more. And there will be new buyers, when all their DD is done.
If it looks overvalued for some, get out, do what your instincts tell you. I would imagine there are always gonna be some longs adding to their positions.
A lot of things brought up here today by Geer caused an excellent refresher, I thank - you for that. It came at a good time, whereas new investors are coming onboard and may have not seen some of the work we have done over the last months. It enabled them to look at some of the things we saw while investigating news release and the technical report.
Some readers might want to call this post b/s, if you want, but maybe you should just take a little more time and understand what I am saying.