Solidus Communications Inc (SLDC)

[Old Geologist]

IM this is a much better way to skin a cat. Share structure is critical to jr companies. When investing there are 3 rules;
1. Share structure
2. People
3. Property

Share structure is still good, with the chance of going bad very fast should they need to sell into the market to raise funds.

People are not there yet. They need ore finders and people with a proven record of success. It is a very difficult thing to find an ore deposit and the people that do tend to do so multiple times. Thus SUNGRO is short on the people side.

The Property is a good one but right now they are a one trick pony and there must be political risk factored into the property evaluation. Mineral activities can go forward in CA, but it is not Nevada, Utah or Wyoming where the states tend to favor development and investment into the areas. With a one property portfolio any delays in exploration stop the news train and without good additional properties which can be worked when thee are delays investors will tend to loose interest with long delays in news. Which is where we are right now it would seem.

Thus it seems to me that SUNGRO scores 2 out of 3 right now with a possibility to improve on the property side. But without the people this train goes nowhere.