Hey WnH,
That's because it's all a risk play right now.
The one site had small amounts of ree. Essentially not even worth further work on that particular claim.
The recommendation was to buy adjacent claims and perform the same experimental testing.
So the investor would dump 40-120K for NO return. Only the possibility of a mineable source in another adjacent claim. So 40-120K just to explore the other claims. (I think that's per site too)
The bit of good news is they own the title to the other claims. However based on finding small amounts of mineral in one claim,.. I don't think that has investors scrambling to front up money to the other claims.
That's pretty risky venture capitalism. Yesterday's event are sad because they taint the company, (whether or not SLIO had anything to do with it). It reduces their credibility, so on one point I agree with you fully...
Now is a GREAT time to release SOMETHING, ANYTHING: but make it credible; even if it's lack luster.
-Pantz
penny pumpers crack me up, proof positive of human existence without any dignity.
