At the 52 minute mark, a little past that time, Lori says that something is happening with Hi Ho and our Carmi Project that Hi Ho holds an option on. She goes further to say that we, SLI, will either hold a minority interest in that property or a majority interest. The Calgary meeting was held around Mar 25 2012. Then we see in the fall financials that Hi Ho has let the claims lapse, no news release put out on this and no clarification to investors.

If we would have received back the majority interest in this moly project, it would have added back much needed value to the sp. This property and a couple others we own, South Rim and BeaverDell, are in that area and I believe adjoin the Kettle River property, (Carmi Property). Chinese have interests in moly projects in B.C. and they can easily ship from the B.C. coast to over seas, and have been doing this. Moly is a major component for industrial steel making and connects to China,s economy expansion, which includes bridges,buildings, navy, aircraft etc, construction of.

IMO