We have an sp of 20 some cents. We have Beunaventura interested in the CB with approx 160k ounces proven up down to 90m and an upcoming drill plan. To have a big company interested in our worst property, doesn,t this tell us something? The other 2 properties, the Vilcoro and the Tesoro, that Lori has said several times, potential world class. Gluckenstein and ourselves rough calculation of possible known ounces of gold on the Tesoro around 2 million ounces by looking at old data, the last few years has added more data to add to that number.To even be world class, you need over 3 million ounces of economical gold on each of these properties, and the figure to be world class is more like 5-6 million ounces, so you can see I am conservative. In a buyout of SLI, $100 per ounce gold in the ground would put you over $3 per share by allowing 6 million ounces combined. Just on those very few points, our sp is proposterous.
Now add in the Quantec, here is an excerpt from their new web site, notice their boasting of accuracy.
The World’s Most Reliable and Accurate Subsurface Images (Surface to 1.5Km Deep And Beyond)
Offering 10-1000 times more data points per receiver than any other geophysical survey system, Quantec Geoscience’s proprietary technologies reach depths other systems simply can’t see. Using simultaneous high-density data collection, Quantec surveys indicate the position, volume and alteration of your resource. So, you can confidently create your drill program, ensure better results for financing, and remove the expense of unnecessary drilling.
Look at the accuracy of the top picture in this link at how they claim that drill hole hits the anomaly right on;
http://www.quantecgeoscience.com/technology/titan24
So if we don,t have something on Tesoro, then Quantec most likely has a huge problem on their hands, which I don,t see happening, because you would have to throw all that is known about this science out the window. Kinda absurd, don,t you think?
IMO
