sbl

holders & non holders,

Let's not let the SBL thread degenerate into one of personal attacks etc otherwise the moderators will start to have their say. Controversy is nothing new to SBL, the Ukraine parliament recently debated whether to include SBL in their portfolio and it went quite well by all accounts.



Seriously though, it's fair enough to be critical as long as it's based on fact, please try and be tolerant of any critiques, be they factual or based on emotion, at the end of the day our opinions matter little and the market will weigh up SBL's progress or lack of progress.

So back to SBL;

Had a look at Bill's previous appointments, he was both exploration manager at BC Iron and Bellamel Mining Ltd. Here's a couple of extracts from how they faired since:

BELLAMEL MINING LIMITED - 1.7 MILLION OUNCE RESOURCE AT
KALGOORLIE WEST GOLD PROJECT

Bellamel Mining Limited is very pleased to announce that the JORC resource at its Kalgoorlie West Gold Project has been increased by 140% to approximately 1.7 million ounces of gold.

The updated resource estimate brings the total resource for the Kalgoorlie West Project to 44 million tonnes at 1.19g/t gold for 1.68 million ounces of contained gold. The resource is classified as follows and includes approximately one million ounces in the Measured and Indicated categories:

Class Tonnes Grade (g/t) Ounces Au

Measured 9,137,000 1.20 331,375
Indicated 12,541,000 1.41 567,040
Inferred 22,300,000 1.10 784,265
Total 43,979,000 1.19 1,682,380.....

The information in this report that relates to Mineralisation and Exploration Results is based on information compiled by Mr Bill Oliver who is a Member of the Australian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists. Mr Oliver is the Exploration Manager of Bellamel Mining Limited. Mr Oliver has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Oliver consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Bellamel Mining Limited (ASX:BMM) Announce 1.7 Million Ounce Resource At Kalgoorlie West Gold Project

Bellamel subsequently bought at by Norton Gold Fields at a premium, sadly Norton got embroiled in a legal dispute re a hedging issue with Lehmann Bros after their collapse and their SP has sunk, they are still going forward with their project though.

Bill also exploration manager with BC Iron in 2008, BC Iron SP has gone from 0.65 as of 24/09/08 to $2.88 as of today.

BCI Investor Sheet

Not saying Bill was solely instrumental in these but he seems to have an eye for quality projects.

Good luck all.