Although the "guidlines" integrated within policies and instruments of law that supposedly govern the ethics and responsibilities of Company Executives of public traded companies depict that investors do have security, its just an illusion. The laws more or less read as such, as the Executives obligations are to that of the company,s and NOT the shareholders. However, which ever it may be, in our case, the Executive of SLI cannot justify their actions in upholding their duties and obligations to the shareholders OR more importantly, the company itself. Therefore, yes, a certain breach in fudiciary duty is quite apparent and may I say perhaps, incontestible?

Some "breach of fudiciary duty" examples against the company in our case, may be;

1) reckless spending

2) allowing the property leases (assets) to lapse

3) division between shareholders and management, compromising the company,s strength

4) denying shareholders the ability to participate in a crucial fund raising for the company

5) releasing a degrading report on the flagship property for no reason while the company badly needed funds.

6) selling mining equipment prematurley when it may have been a revenue stream to be utilized

7) no signs of trying to replace directors to maintain a listing that may benefit future fund raising efforts

8) late filings