Many gold stocks are struggling merely due to the fact that the market is in full "panic mode". Sell first, ask questions later. Meanwhile many funds are forced to raise cash, while at the same time many individual investors feel the pressure from significant others, inner voices, lack of sleep due to worrying, margin calls, changing viewpoints, non-reassuring global developments, etc. ....any of which can be lead itself to the sell button, or perhaps more importantly making people very hesitant (or temporarily too nervous) to ever hit a buy button ....hence one major reason why the buying (of SLI) has been on the weak side as of late.
It is ironic indeed. Here we are with gold now at around the 1770 level (at this moment of writing), and yet SLIs share price is actually lower over the past few days. It ups the "ante" even more now. To put it in another way, if indeed the drill results come out decent (let alone great), and I certainly think they they will be decent in the very least, then the potential jump in the share price just becomes all that more of an awe inspiring event. It makes the wait all the more difficult to endure ....in a lot of ways .....knowing that the potential future reward has only become all that more spectacular. .....all in my opinion.
My2Cents