RE: Confirmation that Sculpin...... It is both sad and a little humorous. After each press release, the legions have dwindled. At first sculpin, and others, were very active in spinning the results in the most positive way. This last press release had more of a feeling of finality to it, and even sculpin has basically ignored it. Focusing on the conspiracy theories is a little sad - and to be honest, he knows it is "off topic" but he feels as the board leader he has to post SOMETHING. And obviously discussing the merits of SLI is a dead end at this juncture. With so many management departures and firings, and insider selling, and just general discontent - ON TOP of the three press releases with poor results - what can be expected? Certainly the real die hards will never admit they were wrong - they will disappear first. That is coming soon - sculpin had such a large following of individuals, singing his praises, explaining how his due diligence was so appreciated and well done - funny how people forget to consider outcomes/results when assessing the quality of work. You can be sure many, many less experienced and intelligent investors who got sucked in either held or bought more shares based on sculpin's continuous spin. And this is no obsession with sculpin - this is because he hyper posted on that board, and had many investors following his every word, and getting comfort in his beliefs that everything was going to be just fine and they would all make a lot of money.
Next is going to be a round of financing by the end of the year...at a market cap of over $20 million this company is so incredibly overvalued - once the cash pile dwindles, I don't see how this stays above 15 cents. And with no drilling in the near future, and the slow pace of drilling and results - I don't see this moving for years.