drilling, page-39

I am sure Portman Mining didnt need around 5 billion dollars. SDL need approx 45 x their current market cap just to get started. You would have to be dreaming to think that they could arrange this facility in the worst recession since WW2 or beyond. Even in a boom, they would have little chance.

Trading SDL is the only way to make money out of these guys but that is also a little dangerous.

You are right, Ken doesnt need the money and if he was so sure that this project would succeed, do you think that he would only put in another 5 million.

The only reason IMHO that he put another 5 million into the project was to try and get back all the money he has lost so far and prop up the stock.

A 10 million dollar capital raising at 8 cents is a joke. The drills have left and the money is just about gone. The next capital raising will not be far and that will have to be around 5 cents if they get that.

I am hoping for SDL to go to around 8.5 cents so i can off load the few i own.

Good luck to the traders and very good luck to the longs as you are going to need it, big time.