I'm picking $8.35 by the 3rd friday in August this year, that is August 19th 2011.
Why? Because I'm bored to tears with all the talk about capital gains! Isn't that the happy tax, it stands for tax on investment profit. If they reduce it in Canada or change the guidelines that's a per the rumours that's a bonus.
Other reasons for a wild guess on SLI's future share price, 1] hopefully by then we may have positive drill results, 2] new vein and surface gold on the new claims with some 12,000 extra acres to play on the Tesoro. Not to mention a potential partner with deep pockets, and any number of good news from other properties.
Maybe my guess is way too low!!
HighRigger