SLAM Perception - mactI had to change the title. It was bothering me! Anyway, mact, you stated:
"Want to see either a transparent hint on their strategy or the financing of feasibility at Nash sorted out before getting back.
The most confusing bit for me was the apparent postponement of the SJ drilling, which I personally perceived as inability to decide what to do next with all their wonderful properties"
Again, as you suggested to youngun, why not call the co.?
For some investors, I wonder if the cos. diverse property portfolio is an issue. On one hand there's the Nash Creek 10 MT silver-zinc-lead open pit amenable deposit (with all infrastructure in place) that has an insitu value worth over $600,000,000. There's obviously people that have invested in SXL as a potential future developing miner based on Nash Creek. At this level, anyone has to admit that the rewards could be huge. There's also a bevy of other very promising silver-base metal properties that many newcomers probably aren't even aware of. All have produced great results. Costigan is similar in scope, grade, etc. to Nash. Costigan last produced 11m of 30g silver and 7% zinc.
On the other hand, many investors got into SXL as a gold play, and it seems deservedly so with the results produced to date and the remaining ones to come. There were many on this board that thought the focus of the co. should switch to gold when the gold price took off.
And now here we are.
Personally I'm pleased with the direction the co. has taken. I think regardless of how investors feel (and flubber), I look at this sp of 0.095, and given all we have and the results produced to date, truly believe that this is one severely undervalued co. Others (flubber and you mact) may feel differently. That's your perogative. If we had an unlimited access to funds (or some JVs with deep pocketed cos.), then I think we could really make things happen at several of our properties. But it's got to be hard planning exploration with a $1 mil. budget at a time - over several projects! I may be proven a fool for believing in SXL, but dammit, they've got great properties and great results and a cheap sp. Seems to be screaming Buy! Like I said, I may be proven a fool. I'd be the first to admit it.
Oh, I'd gladly join you on your Europe jaunt, but as for camping with flubber - no thanks. Guy freaks me out! The constructive criticism, I feel is good, but unlike flubber, try to provide some support or even suggestions rather than the same monotonous repetitive blabber. Mind you, if you still have 150k shares, why would you join flubber?