Its not that she hit gold or not that is of concern, its the plan, process and lack of progress on key initiatives that concern me. Trenching results should have been released by now, drilling results that appear to be spot sampled (the only way to get that many 0.5m gold intercepts is if you are only spot checking and taking 0.5m samples), inconsistent messaging, lack of internal control of messaging, putting out the news releases that are not clear, consise and thorough (though they have gotten better), acquisition/investment of a internet company (not an SLI issue, but speaks to character) when gold exploration is the key driver of the business, missing deadlines or promised done by dates for Havilah spin off.

The biggest issue at this time is not if there is or isn't gold on Tessoro or Vilcoro or any other property SLI has, its now become a management issue and is the current management capable of instituting a sound plan and process to realize the value of these properties? That is the question that is really before the shareholders at this time.