Sola Resource Corp SL SL.v (fka SOLAF)

[sortagreen]

I have scanned over the website and it does have some good information. It seems to be a bit dated. Do you know of any other sources of information on the company?

The website’s a little dated. There have been some complaints about that. Here’s the latest presentation I have. I’m assuming it’s accurate.

http://dumbfukistan.org/pdf/sola07.pdf

Any analyst coverage?

There was something recently… and I don’t seem to have saved it. I’ll look around.

Maenwhile Sprott and RAB special situations are institutional investors, though neither has produced a report for us

I am particularily interested in management and their background, do you have faith in them? The corporate descriptions are impressive. Have these guys ever made world class discoveries before?

If what I’m being told is true (and I always qualify like that) they seem to be very accomplished, especially John Dupuis and Roger Morton.

Why do you think the company has not reported any results from the drilling? Was it a 2000 foot drill program or did you mean 2000 mtr? I read the past news releases, the company reported 2000 mtrs. They reported a second phase of 1000 and a third phase of 1200 mtrs. All on one pipe?

Yes, 2000 mtr… sorry. I’m a little put out by them not reporting results yet but they just acquired more adjacent land and they may just be keeping quiet to misdirect. Those phases aren’t one pipe. It was 2000 Carolina 1000 surrounding area (look at the magnetics in the presentation. And apparently they've discovered a dike system and a sill on one end of the Carolina that should improve the tonnage nicely.

What is the lab for?

I was under the impression it was to process our core and bulk samples… apparently that’s not going to be it though. Last I heard was it would be used to process samples from the rest of the holdings

What is the current cash position?

At year’s beginning it was $1.5 million. We’ll be needing more soon, A PP with Mineral fields was just done but I think it’s earmarked for the NWT property.

b]Do think the Garimpero mining results are worth putting any weight on? Brazil does have a colored history around the diamond trade.

Good point. Some of the rocks could have come from Cinta Larga for all we know. Still there seems to be ample evidence that there are plenty of them that come from Carolina

The companies grab sample is impressive. Was that taken from representative kimberlite? The company reports fresh but slightly weathered material. It also reports weathered kimberlite to a depth of 25 mtrs. Am I to believe the grab sample could be representative for all 25 mtrs?

There seem to be 5 variants of kimberlite from discrete intrusive periods. The bulk sample is supposed to get 5 thousand tons from each one. But that was said when there were supposed to be 4 different types. Now that it’s said to be 5 I don’t know if they’ll take a larger sample or go to 4 thousand tons each.

There’s a rumor that one of those variants is enormously rich. I don’t give credence to rumors that the company isn’t willing to say out loud. But it’s tantalizing.

Sorry for all the questions, I am trying to get my head around why this thing is trading so low. It doesn't seem to make sense.

The junior resource market is beaten down. I hate to think management is sitting on the price so as to let their friends in cheap… but that wouldn’t be unheard of and they parcel out information with a teaspoon. Not everyone is thrilled with that. I question it often.

I have been in cash for the last few months. I was told about this project by a friend in Penn. She went to a presentation put on by the company sometime last year.

A presentation? Where?

I will take a run at it but I need to wrap my head around the lack of perfomance over the last year.

I’m being patient. A few months will tell something… I don’t expect they’re going to drag it out too much longer, but I’ve been wrong before on this one.

Does the company have what it takes to pull off a project like this one? My friend is sold on it. She bought in last year. Her holdings are large enough to scare me but she's confident it's a sure thing for at least 1,000%.

I think they can do it. There have been a few missteps… It happens.

I try not to hold anything large enough to scare me, but I have a good chunk of this. If they can keep the dilution down over the next couple of months I don’t think her 1000% is out of line.

Did you actually just register so you could get on this board? I notice you haven’t posted anywhere else. Do you own anything else?