Silk Energy Ltd SLKEF

RE: Who is burying who?

[millright]

cadomin is trying to sell the story that ISM has done more exploration than LBE. This moron doesn't realize that LBE has had six and seven drills going, when ISM has had no more than two going, unless whining about trying to get one going counts for anything. ISM might be able to get the third drill they finally got "mobilized" going - if they ever got around to filing permits for the L1 dewatering. So what does cadomin try to sell - he counts up ISM's driiling efforts for 2005 to 2007 and says that total of 46,000 is greater to the 2007 drilling program of LBE which was over 32,000 on just three of its sites. Sure cadomin, 46,000 is more than 32,000 - but you fail to mention that ISM took two and one half years and LBE took less than one. And a good part of the ISM footage was shallow drilling for .5% grade that might not even be economical. LBE was identifying economical deposits for production and inclusion in NI43-101. ISM likely won't even get to a point of a 43-101 in 2008, maybe not in 2009 - LBE was profitably mining their deposits in 2007, and will have NI43-101 confirmation out on at least three minesites before this fall. And you say ISM is drilling 100,000m of core a year! When is this going to happen, averaging 18,000m in 2.5 years and they add a drill that may not even be working yet - and they all of a sudden have 5.5 times the drill core! I don't think so, buddy - but that kind of fantasy is about what I'd expect from someone that thinks you evaluate drill cores by multiplying core length times true width. What an imbecile! If ISM is going to suddenly go to 5.5 the drilling program, and get into the more costly deep exploration they'll need two things - more drills and more cash. Where's that going to come from? There's a few dimwits around this forum that might go for another financing without any NI43-101 reporting - but I'd guess there's not enough to finish one drill hole.