Silk Energy Ltd SLKEF

RE: NEWS!! Launchpad Capital as Strategic Adv

[millright]

wailer, We'll have to see what comes of this - I guess if you can't ramp up drilling to develop a resource that can be evaluated under industry and securities regulators' standards you try something else. Obviously the $3.5 million [$1.4 million last quarter] IR expense wasn't doing the trick, unless it slowed the plunge from $7.69 to $1.30, so might as well try something else. I enjoyed this one from ahh....Randy....ahh: "Since late 2007, we have aggressively expanded our geological team as we initiated a deep drilling program at Langmuir No. 2". Why the wait until late 2007, when it was to be done in the summer? Could it be that this sudden rush to expand exploration is that there are some committments made when you raise money witha flow through? Something to think about when considering whether Launchpad will unlock the true value of the ISM assets - is that if realization of the true value involves someone acquiring the resource base in some form of acquisition, merger or joint venture - the key thing will be an independent professional evaluation of the resource base. At that time the potential acquirer or partner would likely be more interested in talking to the expanded geological team and a recognized investment banker than the Executive Advisory Board of a "consulting" firm which I suspect is as yet a household name in the mining industry. You're right in guessing I'm skeptical - it looks like a cart before the horse approach, and smells like another promotion - but we'll just have to wait and see. I won't be part of the "investors" rushing in to get in on this great opportunity - all the more for you ISMers. I wonder if this latest strategic advisory firm can strategically advise on how to contact foreign shareholders and hold a meeting? Seriously, something has to be done on this company, and although I'm skeptical, I don't know how this firm approaches the problem. If they specialize in internal restructuring they could be the answer that is needed. I hope, for the sake of the ordinary shareholders, that this is the case.