Replies to post #19694 on Solidus Communications Inc (SLDC)

[BigBake1]

Right but then this happened

Timberline Resources acquired the property in 2006 and completed mapping and sampling to better define drill targets. Timberline submitted a Notice of Intent (NOI) to the BLM Ridgecrest Field Office to open the reclaimed roads and complete a seven hole drill program. The NOI was opposed by environmental groups and Timberline decided to end its interest in the project.

They were stopped, basically snared by a legal battle, just a forward looking PR on their part as they were told they were going to get the go ahead.

[Old Geologist]

Again this is not correct. Timberline had large payments due to the property owners and without a delay in payment they decided to walk. I sat with the BLM a few years ago and there were lots of comments against the Timberline permit. Most of those comments were much like yours CAT in that they said that the BLM had to consider the impacts of mining prior to issuing the road and drill permits. As the NOI application was just for a road and drill holes that type of analysis was uncalled for. The BLM had requested Timberline supply help to the BLM in re-writing the opinion to address the fact that this type of analysis was uncalled for as mining was not contemplated. Even if it may be a result in the long term, without knowing the location of a mine, the type, the size, the processing that type of analysis is pointless. The comments from the BLM were that permits would be issued for the exploration work. That is all that needs to happen for positive news. Again as an investor in junior companies I don't care if they mine. In fact I hope they never do and get bought out. Just look at jr stocks and see what happens from discovery to through reserve definition - price goes up fast. Once they stare feasibility price goes down as it is a long process. Investors will not be around for a mine. Get out after the run-up.