Silk Energy Ltd SLKEF

RE: CSI Vancouver

[millright]

wailer, Its time for you to get a grip on reality. Re-pasting that $4,000 valuation by a Certified Financial Analyst that admits he can't prepare an industry standard resource valuation, isn't going to change anything. The stock has plunged since the darcell report, the market did not bite on that $16.50 fantasy. You've got cheerleaders on here that say the company would have to spend $100,000 or more for a NI43-101 done by independent professionals - how much weight is carried by a report scribbled out by someone without professional training in the field, for a $4,000 fee. This guy came up with a valuation of $1 billion for ISM, The market puts a value of $2.6 billion on FNX. If you think for one minute that ISM is worth 40% of FNX, you're past delusional - you're a basket case. FNX has mining properties that cost $800 million to bring to the current stage of development, the properties are evaluated by industry standard NI43-101's. ISM has spent almost $10 million to bring their properties to a stage that has not been valued by industry standards. FNX has retained earnings of $135 million; ISM has a deficit of $19 million. FNX has EPS of $1.16; ISM has a loss per share of $0.20. FNX has cash of $108 million and a positive cash flow; ISM has cash of $37 million and a negative cash flow. FNX has investments in know mining entities of $36 million; ISM has an unknown property on the books at $638,000 that it is giving away for no cash return. FNX has made its money by successfully developing and investing in mining properties and mining companies. It is a company like this that may sometime acquire the ISM properties. How much of its money would FNX throw at some penny stock junior that has thrown $10 million into some unvalued mining properties, that the market is valuing at $125 million? Darcel thinks $1 billion, allbusiness thinks $2 billion. And all you cheerleaders think $1 billion by Dracell is conservative. Hate to break it to you, but FNX wouldn't likely spend 10 minutes looking at this for $125 million, with the amount of information ISM has assembled. Dream on wailer. That CSI diploma you got [with good marks] sure as hell didn't stand for Common Sense Institute.