Its plain to see a that certain degree of uncertainty about the SLI investment has become more pronounced as of late. To me, its not unexpected, I feel it too.

This is part of investor nature and will proliferate the longer we go without news or reasonable answers to our questions. There has been a communication gap in the past between Lori and the shareholders, and I know a few times in the last year, a few of us tried to get this fixed. Us, as shareholders have every right to know where we are drilling, what future plans are, and up to date NR,s telling us exactly whats going on with our company. Our ability to make sound decisions on our investment is hampered by this lack of communication. It not only hurts us longs by seeing our investment losing value because of lack of periodic news/updates, but it also hurts the company when the time for financings come. Once the interest is lost in a company, it takes awhile to get it back, and could slow future progress of this company when considerable funds may be needed. One thing investors don,t want is dilution, its best for a company to do a financing at high sp levels, less shares have to be sold to get the desired amount of funds. In the near term, we are ok in that respect, we probably have around 7 million in the treasury as I speak and there is approx 12 million in outstanding warrants and options that can/will be exercised on good/excellent assays. Murry,s recent trip to China should give us great support on the sp should results be what the Chinese like. These events would/could rule out further dilution, and make most happy.

Our most recent effort to close the communications gap was at the AGM. BOW had asked Lori how we could get the most up to date info, she suggested using Jeff as a liason, whereas he is around Lori more than the rest of the company helping her with day to day stuff. Murry and the rest of the gang are out doing their own day to day stuff for the company and are not in as constant contact with Lori, as Jeff is, unless needed be. So, I call Jeff for an update around Dec 8-9, he replied he would talk to Lori and get back to me in about 3 hours, he hasn,t got back to me yet. I told him at that time that I was sculpin and was looking for an update of some sort for our investors at Agoracom and this would help limit the amount of calls he got from individual investors. I also told him, that at the time, there were investors wanting to know on the board what was going on, so a little concern. I find out a few days later that a poster at Stock House was called with an update from Jeff. Our greatest support for this company is at Agoracom and we are the site mentioned on our SLI website to visit other investors. I don,t know his reasoning behind this, but it happened.

The uncertainty and unknown is growing. A lot of doubt is being pushed along this path. May I suggest again, that if you are not comfortable with this investment, trim your position. There are believers and non believers, maybe a few more non believers as of late because of the lack of news. I don,t really blame these people for being this way, Lori has given little to these investors to keep them happy in the last while. Although she is doing what she believes is right and following certain protocols, she may be forgetting her duty to shareholders and the importance of communication. The strength of this stock lies in its shareholders, and this strength will be greatly needed if a hostile offer were to ever come. I believe she is at a point now, where she will have to release results very soon or jeopardize herself and the strength of this company. In order for us to thwart a hostile bid, she needs this strength to get us maximum value for our property, without it, she risks losing the company to a lowball offer.

Is this a scam? Some are starting to think that way, the unknown is playing on their minds. This is to be expected. I feel comfortable that this is not a scam by scrutinizing the DD that was availible to me. The samples were done in accredited labs, the tech report done by an independent geo, Quantecs reputation, our work here plotting surface/deep samples on the Quantec images, the appearances by Lori on Forbes and Fox, all the work done on the Havillah properties last year that is documented and by a different independent geo, and many more, tell me that this is not a scam. We are just going through a phase of uncertainty that should be eased when we start getting assays, until then, this uncertainty will persist.

At the end of the day, its each individual shareholders responsibilty to do their own DD and make their investment decisions on that and comfort. We all take risks, sometimes these risks could be detrimental and other times they can be great rewards. You decide what you want to do, its your money.Don,t follow what I say as gosple, I do make mistakes by times, and I do correct them when I know they are mistakes. I will not change something of my opinion unless there is good evidence that I am wrong, after all, an argument is only a difference of opinion and it does not justify who is right or wrong.

IMO