some thoughts
posted on
Dec 01, 2011 12:40PM
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 beleive it was said that Lori and family had taken a large portion of the last PP at $1.80. I am not sure if its true about the family part, but will assume it is for the purpose of my thoughts.
So lets say Lori did have family that invested their money at the $1.80 level. Wouldn,t this extra pressure maybe from family, compel Lori to deliver? I mean she must have told her family that she has increadible faith that their investment will be a rewarding one. If the assays we are waiting for were to come back bad, the sp could drop considerably and might take years to ever get back to the PP level of $1.80. Would Lori take this risk of having all this fall on her shoulders? I know some of us here don,t like it one bit when our sp drops and we get the people we got into this calling us and asking questions, its a lot of pressure. Having taken this into consideration, I don,t beleive Lori would take an uncalculated risk in tying up hers and her families money for a long period of time.
So by those thoughts, I would expect that Lori has a pretty good idea that the results will be good or what we expect and that the SP will most likely appreciate. She could have given the PP to an institution, yet declined. She could have given it to SLI shareholders, yet declined. If she had given the PP to SLI shareholders or Institutions and things went bad, she could just pass it off as they knew the risks, but to do that to family, is not as easy.
Therefore, I beleive that our assays will be what we expect and the chances are that her family will be happy with her.
Value is constantly being added to this company all the time. Most here don,t recognize this because they don,t read the MD&A, Financials etc. to see what exactly is going on with the company that is not released in NR,s (because it is considered everyday business). We are constantly adding value by advancing our properties that is going unnoticed because of lack of updates, but it is there, you just have to dig for it.
Maybe a good way to think of the sp today would be in terms of deflation. You are getting so much more for your buck today, with the unknown value being created behind the scenes making that $1.95 today a lot stronger than you think, the value is most likely here to justify every penny of that and maybe more if the current assays are good.
IMO