Sculpin/Hog/etc.
posted on
Oct 24, 2011 11:45AM
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
Think of how happy I was coming to the office this morning and finding 240 posts - as an avid follower and sometime poster I read every post just in case it adds value to our collective DD. It took 2 hrs 45 Min to read every post on work time. What FUN.
There are a number of points that I want to make to anyone who wants to pay attention:
1. Sculp, Hog - it is due to your influence as well as The Don1's that I am FORTUNATE to be in this investment. Without your input and your continuing dousing the flames of impatience with your DD, this would be a disaster board just like SH. I am grateful that you have backed away from deserting us.
2. I am going to the AGM and the reason I'm going is not just to review the financials, etc. but to meet the other posters and the camaraderie that they have created over the last year and a half that I have posted. For the most, I enjoy your posts and your input. I was not necessarily looking for a love-in, but the recent squabbling (some of it nasty) makes me think that I may have made a mistake. After all a $1000 bill for air and hotel isn't exactly chump change.
3. Re: Voting. - I have invested in this stock from 17c to $2.37 and have taken profits from time to time, but my core investment is LONG TERM. Although I've had several times when I have been unhappy about with how management have handled the non-news issue, I can't complain about the increase in the value of my holdings. So for the record, my shares will be voted for management because I do not want a shift in direction until I know what is under the mountain of gold and what the intent is for the company regarding the sale of Tesoro.
4. Re: The Circular - I intend to read to read it fully and vote my shares as I see fit. Yes, I'm one of those people who still vote even if others think that the small guy's vote doesn't count, and will never be heard.
5. Short term / Long term - Let's face it - the long term holders (of which I am one) may become short term holders very soon. Hypothetically, if someone offers $50 a share for SLI for 100% of all the property it contains, I don't think there will be too many people out there that would hold on for future dividends. After all, if you hold 100,000 shares, the sp would be 5Mil. - you can only drive one Masarati at a time, and unless you want to buy the SS St Elias instead of just cruising on it, you would sell and run instead of waiting for a future return.
Just in closing I appreciate all the DD put out by our hub leaders, and without them this board would just be place to post bickering instead of valid information - THAKS AGAIN for all your work fellas, and hope to see you at the AGM.
Ismore