Just a couple of thoughts
posted on
Jul 20, 2011 07:06PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Personally I don't see Silverbacks or Endless' viewpoints in a negative light ......they are actually both POSITIVE on SLI as a whole (or otherwise they both wouldn't be invested in SLI) - but rather I can understand where they are coming from, namely that we should not consider this investment as a "ticket to retirement". Life is full of surprises, both good and bad. Deep down we all understand this already. But we simply don't operate on the same "wavelength" and/or perspective as everybody else - that is why we have a market. Place your bets accordingly ....how big you win or lose is based not only on your DD but also on variables that we ultimately have no control over, whether we want to see it that way or not. Anyone who sees it otherwise is either in denial or is too inexperienced to know better. But I do not mean to digress. Everybody knows where he or she stands here, and clearly we all know that the stakes are big already.
With that said I'll say this, and it is just my opinion, but an opinion based on some reasoning. From everything I can tell this looks like a winner ....perhaps the most telling sign for me is the fact (and one that hasn't been mentioned in a while) that this massive anomaly just so happens to sit right underneath the main corridor of veins. So what one might say? Personally I feel that his is a huge factor that doesn't receive the attention or "weight" that it deserves. In the least it lessens the risk some for the concern that the Quantec signal might be caused from the high sulphide contents. But my argument is based something like this:
Is it not true that the veins have a high sulphide content associated with the mineralized gold as well?! As far as I know the answer is YES!! But please corrrect me if I am wrong. Meanwhile the veins not only sit right above the anomaly but they also seem to point and/or angulate right towards the anomalies. Hence, if indeed it is the sulphides that are responsible for the strong Quantec signals in the massive anomaly wouldn't it stand to reason that the sulphides in the anomaly would almost certainly be associated with a significant amount of mineralized gold that we are seeing in the veins .......since they are connected to each other? Again, Two assumptions are being made here: 1) The veins are continuous with the anomaly. (Based on their actual locations relative to each other what else am I to believe?), and 2) Nature is not likely to place sulphides with mineralized gold in the veins but somehow "leave the gold out" in the sulphides present in the giant anomaly below ......when the origin of the sulphides/gold had to have come from BELOW .........where the anomalies are!!! Meanwhile the grades of gold in the veins are fantastic, and from what I understand the anomalies happen to be comprised of crushed rock, further inviting the hot pressurized water to spread out nicely over a large volume of space over a very long period of time. I know that in the 43-101 report it was spoken that possibly several separate events occured (ultimately leading to increasinly higher gold content/mineralization over time). Perhaps I am missing something here? If so let me know what that might be.
I personally need no further encouragement to stay long on SLI ......but I also take no offense to other viewpoints. In the end, results and fundamentals will determine the "final word". Meanwhile I put my faith in Lori and her management team to take this as far as they can, whether we win huge or not.
My2Cents