"At $2.00 per share, the market is valuing SLI with 1.5 million oz at $150/oz in the ground"

may be correct, however I have to find answers for questions i have about this statement.

How informed is the person for example, selling 30 shares out of millions to drop the sp

by say 1 cent ?

I dont know, yet these folks have a huge influence on the market price. Should I accept

their evaluation of 1.5 million oz?

The millions of share currently not for sale may not have any impact on the day to day

value of the few 1000's of shares traded on the market, but have huge potential

to cause a landslide downwards in sp if they were dumped.

Should i accept higher estimates put out there by people that think there is a lot more

than 1.5 m ozs?

I think at this point i will ignore the 'markets' valuation of SLI