Re: Faith and reality
in response to
by
posted on
Nov 03, 2011 09:32AM
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
I can understand the pressing desire to hear of results. What I fail to understand is the correlation between the release of results and the AGM. The AGM comes around once a year at roughly the same time. Results from exploration come in when they are available. There are many variables in timing and most are not in the control of Lori or SLI.
I see plenty of substantial advances over the past year. Permits were obtained. (the timing of those was out of our hands) We added 2 properties in BC. We have an initial 43-101 report on one. Vilcoro came back into the fold. Trenching and drilling is well advanced I think we will soon receive a comprehensive report on those results.
Our closing SP for last AGM date of Nov 23, 2010 was $1.75. We are up 70ยข from that or 40%. For sh*#s and giggles, the TSE Composite is down 430 points over the last year. So SLI did far better than all the big boys together. I think Lori has done us well and doesn't have to worry about receiving further support.
As for making money at this sport, not a dime is made or lost for that matter until the press of the sell button. Until then it's all just numbers on the computer screen.