"can you elaborate on why this was suck a bad deal."

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I see you agree the deals sucks! :-)

Is it normal for someone to buy a property and then flip it to a publicly listed company run by someone they are close to for SIX TIMES THE PRICE, in a period of two months?

The most obvious questions are;

• What value did Jeff add to the property in the two months he had it? Did he drill it?
• If so, where's the proof?
• What DD did SLI do to ensure this was a good deal for their shareholders?
• Is this normal for Canadian Venture Exchange transactions?
• Do all companies do this?
• If so, then non canadian investors need to be told!