The bright side ismore, the bright side.

It seems October is the month of choice for financial meltdowns. And by the looks of it, the table is being set for this year's blood letting.

So where is the upside?

Well, St. Elias got itself cashed up this summer and is getting down to work proving up some property (properties). While all the turmoil is taking place, our project is advancing.

I don't see a sell as soon as some here. The last junior I was invested in basically lost 2008 waiting for a deal to gel. Big buy-outs don't happen in times of financial uncertainty. Fire sales take place and I want no part of such an arrangement.

So let the blood flow on Wall, Bay and Fleet Streets. Yeah, our SP may go along for parts of the ride. Still in time things will settle down as they always do. There may be a new normal but economies alway ebb and flow. Always have, always will.

So while the macro economy is having it's latest convulsion, you are ideally positioned with a company (SLI) that is in the enviable position of NOT having to go to the market to raise capital to advance it's work. That's already been taken care of. No, while many others are running scared, we are getting work done.

Maybe part of the "Perfect Storm" is being early out of the gate when the upswing comes.

Cheers