That would tell us that the directors have been spinning us a tale for years. Share price was over 60cents not long ago.
Two MOU's and large Chinese investor.
DFS and announcement of more drilling results to come shortly. Not only more DSO results,but Itabirite drilling results.
Look at Quarterly Activities Report Period ending 31 December 2009. Page 10-figure 8:Picture of PQ Drill Core recovered from drilling on the Meridoinal Deposit in December 2009. That looks like very high grade DSO to me.
A share holder of SDL contacted me and asked for some information I have on the tenements last year. This share holder put up a very interesting picture of Nabeba drill holes.Not only the location of the holes but a 3D type picture of the drill holes from below surface. The share holder sent me back his findings of rock chip samples on each of the strike areas.He showed a lot of detail of Meridoinal and other strike areas.This share holder put every rock chip sample result into each strike area to come up with resource figures for each strike area. Meridoinal figures for tonnage of DSO will surprise a lot of people if they work out as we expect from his work.
The share holder gave me permission to post the results on HotCopper.My only problem was not knowing how to post his results with his pictures.
Meridoinal came up with DSO results of at least as much as Mbarga,with a more likely result of being quite a bit more than Mbarga going by rock chip samples.
The share holder does not post very often.I know his real name,but am not sure of his HotCopper name,I think it is Marneth. He is very well credentialed in doing the type of work he did in producing the results.
There is another area just over the border in The Congo that was showing a very good result for DSO of at least +100mt.
If we are sold out for less than $2ps I will be absolutely shocked.I would fly to Perth and confront as many Directors as possible. There are too many up-sides to SDL,to be even thinking of selling the company.
Regards Westcott.
SDL Price at posting:
35.5¢ Sentiment: None Disclosure: Held
