A non member of Agoracom, but a SLI shareholder, asked me to post his comments here about yesterdays news release.

They are as follows;

In reply to Lori's News release

1) As much as we all wish otherwise, we cannot control our share price.

Well Lori wasn’t it your good buddy (the good hands people) that dumped a few days prior to your incomplete and shoddy release that began the plunge in the share price in January according to the word out of Vancouver. Nice friends.

2) We are in a solid financial position, with more than $3 million in working capital as at August 31, 2012.

Thanks for reminding us of where we were financially three or four months ago Lori. Why not try telling us where we are financially now. According to someone who seems to be very familiar with what is going on in management and seems to report SLI news before it comes out publicly, we are close to broke. Is this true? Why not let us know where the treasury stands now?

3) Option agreements in place will allow us to conduct exploration activities on a number of projects at little or no cost to us.

It appears to me that the recent option agreements were amended in such a way that it will now add extra expenses to the shareholders of SLI Lori, where before it was an earn- in interest that would cost us shareholders nothing. Please explain how this new amendment is good for us shareholders now that it appears it will drain our treasury also. Was this in the shareholders best interest Lori? Are these the types of arrangements and deals experienced management negotiates for its shareholders?
More expense instead of no expense.
It appeared to be a good deal for the management of IGD though. I wonder who they are? Oh Ya. That’s you isn’t it. Hmmmmm.

4) We are transparent about the risks inherent in our business:

Transparent Lori? You stated in November Kevin Killin was working with SLI on a day to day bases on the drill program. Too bad nobody told him about that Lori. Do you understand what transparency means?
Here is a refresher:
Thesaurus
3. transparent - free of deceit
guileless
square, straight - characterized by honesty and fairness; "straight dealing"; "a square deal"



5) We communicate regularly with the market and our shareholders in accordance with disclosure best practices:

It was only three or four months ago that Jeff the IR person’s phones were indicating that they were disconnected. All other phone numbers to the Vancouver office were either indicating that the message system was full and no calls were being returned if you could even leave a message. Shareholders began to ask if the company had closed their doors. Is that what you call communicating regularly Lori with market and shareholders?

6) We have improved our communications: we've recently updated our website, established a new disclosure policy that codifies our longstanding disclosure practices, and hired Danny Aaron to stay in touch with you.

Dan Aaron @ $5000.00 per month with absolutely no IR experience. Every time you ask him a question he has to run to someone else to get the answer. Did you look at the answers Lori he put on the website to questions? How many answers to one question contradicted the answer to another? He seemed to create more confusion than he did giving answers. Is that what $5000.00 per month buys you now?

7) We are applying our many years of mineral exploration and management expertise to move the Company and its projects forward:

It appears your many years of mineral exploration and management expertise has driven this company into the crapper and has alienated the shareholders.
Explain how trying to ram through a potential 200 million share PP when you include the full warrant and totally destroying shareholder value and there investment shows your management expertise Lori. I’m glad the shareholders’ best interests are a primary concern for you. NOT!!

Is this what deep experience with many years of mineral exploration and management expertise will do for us shareholders Lori. It appears that is all it has brought us so far.

So I guess the real question is:

DO WE WANT CHANGE AND A NEW DIRECTION OR MORE OF THE SAME?

If you ask me Lori more of the same is not an option. Clearly Lori, based on recent events it appears your focus is more on your best interests and not on the shareholders’ best interests and I don’t think I’ll let you and your ilk continue to drive my investment and this company into the crapper any longer.