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Message: River Cree - My take

I wanted to share my thoughts on the River Cree night. First, the hockey game was fun to play in, and I am sure, every bit as exciting to watch. Must have been like watching NHL playoff hockey! (NHL = Nursing Home League)

It was also great pleasure to meet everyone from hub leaders like Sculpin, Jake, Kherson, Kemo and, of course, BOW to others who, like me, do their DD from the quiet corners of Agoracom.

I have always heard that Murray and Alice were genuine and honest folks. It wasn't until you meet them in person that you reaize that all the nice things everyone says about them can be multiplied by 10. I don't think Murray has the capability to get up on stage and tell everyone that there is gold in the ground, if he didn't believe it, or maybe even know there IS a vast amount of gold in the ground. Like he said, he's not polished, but sure does believe what he says, and I will take that any day to a polished windbag.

My drive to go to the meeting was to learn more about the inner operations of the company. Even though we are still awaiting drill results, there is enough scientific and anecdotal evidence that points to there being a significant amount of gold in the ground at Tesoro. (Quantec, what's been pulled out before, what other are pulling out in the valley, etc) This leads us to the next question, is the executive and management teams capabale of taking this company to the next level. It is nice to hear that there is going to be more structure in the E-Level of the company with 1/4ly meetings and semi-annual face to face meetings. Personally, at this stage of the process, I would prefer monthly meetings and 1/4ly face to faces until the transaction is driven to conclusion. The new directors should add a level of business expertise SLI lacked in the past, and will be a definate asset during any negotiations. One thing that concerns me is, please correct me if I am wrong, no current director has put their butt on a plane to see first hand the Tesoro property. Maybe its just me, but I certainly would want to go down periodically to see the progress, rally the troops, and get a feel for the area and the property. It would make the presentations a bit more personal and I think lend a lot of credibility to the SLI story.

One other point to note, this definately was not a pumper rally. There was no "SLI or Die" slogans being chanted and no cheerleaders spouting off the virtues of SLI. I found it to be simply a group of investors who got together to share ideas, stories and thoughts about SLI. There were as many questions about the company as there was positive musings. It was just a fun way to discuss and learn about an investment and sure beats talking shop in a "stock house".

Thanks to BOW and ED44 and anyone else who organized this event. Great job! Looking forward to next year.

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