SLI is unique, but not unique in the sense that its the only gold stock suffering a serious decline. For people that own only SLI in their portfolio,s, I suggest taking the time and do some comparison of other gold stocks recent price declines. You will find that we are part of the great majority, down considerably.

Even if we had received more continuous news and some good news at that, we most likely still would have suffered a decline. The markets have no mercy and nowadays the big market movers are trading their positions in and out more frequently, plus, it looks like they may be setting the market up for a rebound in the golds for mid July, a month or so earlier than tradition, IMO.As sad as it may seem, 1% of our share float can take us from $2 to 0 in 60 seconds flat, as well as it could take us from .50 to $20 in 60 seconds flat. The big guys got well control of the market and will move it up to make money, and, move it down to make money. They are squeezing a lot of these explo companies in a position right now, that if they need funding, it will have to be at low prices, plus, if they want it bad enough, the institutions will be called upon to fund them, with the coveted warrants handed out to the financiers. We should not have to worry about this at all, our last financing was done at a reasonably high price and Lori said it should carry us through til Dec, which is great. This may also play better for us in the long run.

You guys have to remember what Lori said at the Calgary meeting, and what we have pretty well been saying here for over a year, "one good hole could change everything". We have enough money to drill many holes before we run out of money and any hole might be the right one, so many chances. The way the markets are now and if I was still trading, I would probably be into a stock like us and taking a little longer approach and waiting. If you are invested in this market, you would want to be in a dividend paying stock or a stock that has great potential for a new discovery and/or takeout scenario, depending on your risk appetite.

This is fantastic, but I will give you an example of how quick this could turn around for us. IF we hit a glory hole on the Tesoro OR even find more high grade gold bearing veins reasonably close together, OR trenching results that yeild much wider anomolous gold zones that we know of to date.

IF, we were to drill the Vilcoro and get an excellent first hole or two.

IF, we were to deeper drill the CB and find considerable copper or even add to the already known gold there with a new find. Or IF, Candente came into play.

The thing about the above examples is that they could come at anytime. We are drilling/trenching the Tesoro now.

We have hired extra geos and personel months ago and there is probably work going on at the other two properties which could surface a surprise relrease.

IMO