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Sillenger Exploration Corp. (SLGX)
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Thursday, May 6, 2010 – After Market Close Green Baron New “Stock Pick”
Natural Resource Development Sillenger Exploration Corp. (BB: SLGX - $1.25 per share) New Website at www.Sillenger.com Africa: The New Frontier in the Mining Industry News Issued Earlier Today: Sillenger Exploration Enters into Memorandum of Understanding with the Government of the Republic of Guinea-Bissau News Issued Yesterday: Sillenger to Appoint John Gillespie as New President; Impeccable Track Record and Expertise in Licensing, Legal and Royalty Mechanisms The Green Baron Report Identifies Sillenger Exploration to be the Next Major Resource Stock; News Flash: Gold Rallies to over $1200/ounce on World Debt Concerns – Great Time to Own Mining Shares as Hedge Today, The Green Baron Report is going to ask our members to take a leap of faith, and we STRONLGY BELIEVE YOU WILL BE REWARDED. Our investment ideas are typically rooted in supportive, concrete facts that make it obvious beyond any doubt that the underlying stock should trade higher. We understand that investments should not be made in haste or a leap of faith. However, in an effort to be ahead of the curve, we are compelled to alert our members before the mainstream is made aware of this Company and strongly urge you to accumulate this stock now to maximize returns. We stake our reputation on it! Editor’s Note: Based on months of research, I can confidently say, “SLGX should provide triple digit returns over the near term, and many times that over the long-term. I have made bold predictions in the past, but the size and scope of the potential developments of this Company make me believe this is a home run for our Green Baron members. Please try to grab shares early and as close to our profile price as possible to maximize your returns. You will thank me you did.” The Green Baron Report is proud to announce that Sillenger Exploration, Inc. (BB: SLGX) has been officially selected as our 86th “Stock Pick” since inception and will be added to our storied list of previously profiled stocks on our home page. Results compiled from the most recent trade possible prior to dissemination of this report to the subsequent high will be monitored at www.thegreenbaron.com. Although we have very aggressive short and long term expectations for SLGX, we still suggest our members try to accumulate as close to the profile price as possible. TRADING NOTES: SLGX is a fully reporting Company that currently trades on The Bulletin Board. Although an operating company since 2007, the focus of the company has now shifted and significant changes are taking place. SLGX stock is represented by a growing list of market makers and typically trades with a spread of .05 per share. The trading history is irrelevant at this point due to little or no volume. Almost no stock has been sold over the past several weeks despite bids at $1.10 to $1.20 per share. The majority of stock is controlled by insiders and investors we are confident have a long-term investment horizon. There are 40,811,000 shares outstanding. Our research indicates that Sillenger Exploration is keenly interested in a listing on the AMEX, and will work diligently to meet exchange requirements over the coming months. Sillenger is a natural resource development company dedicated to bringing a progressive, creative and proprietary approach to natural resource exploration. The Company believes Africa to be the new frontier in the mining industry. Parts of Africa have been noted for a rich history in gold, diamond, and other precious mineral mining. The continent hosts a number of major base metals mines extracting copper, zinc, bauxite, iron ore, etc. Recent exploration activity has led to the discovery of rare element strategic minerals such as uranium, tantalum, gallium and lithium. While Sillenger’s initial focus will be Africa, the Company will consider and examine any opportunities that lend themselves to the income statement and can build lasting value for Sillenger shareholders. It is clear to most investors that China’s insatiable appetite for rare earth and precious minerals has taken them to Africa with unprecedented interest and investment. China understands that rare earth minerals are vital to its manufacturing industries and to maintain control over production for the long-term. Additionally, huge debt loads around the world has caused investors to express concern over the value of currencies. Therefore, precious metals such as gold, silver and even platinum have increased in value and appear to be headed much higher even as stock markets around the world are showing signs of rolling over. In our opinion, the safest place to invest for years to come is in companies who have locked up identifiable resources in rare earth and precious minerals. Africa is quickly becoming an obvious place to locate undiscovered, world class mining properties. However, existing perceptions of Africa have kept many from doing business there. In a recent article by Michelle Sieff Beyond Afro-Pessimism – Africa – The Success Story, she states, “Ironically, this myth of African victimhood emerged in Western political thought at the same moment that Africa achieved political liberation. The reality of Africa has changed dramatically since 1989. It is these changes that are obscured by the enduring myth of the African victim.” She continues, “In the 20 years since then (1989), Africa as a whole, and even many of the countries that experienced 1989’s failed transitions, has made steady progress in three key areas; ending wars, democratization, and economic development.” Thomas Gibian, chief investment officer of Emerging Capital Partners, emphasized, “The challenge for all of us is to understand that Africa is changing much faster than our perceptions of Africa.” He continued, “Africa has been reforming through the whole decade, but we are approaching a tipping point as to what that really means on the ground for … investment opportunities in African businesses.” The same type of reform that was found in China and India in the mid-1990’s in now occurring in Africa. Gibian states, “You can track the trajectory of those reforms and the impact that it is having on the ground in all o f those same businesses, plus natural resources,” and other business areas that up to now have not been considered likely investment candidates like health care and pharmaceuticals. The Green Baron Report recognizes this change, and Sillenger Exploration has identified several major opportunities in Africa. Its work to secure its foothold on these opportunities has been ongoing for over a year. Now, the first step has been announced. Earlier today, Sillenger issued its first announcement about where it plans to focus in Africa. The Company has officially signed an MOU with the government of Guinea-Bissau. Upon further review, we understand that this small country bordering the North Atlantic Ocean is one of the most underdeveloped countries in Africa, and therefore holds tremendous potential value in its undiscovered mineral claims. The new frontier is upon us. We anticipate the Sillenger story to evolve over the coming months, and we believe it will attract significant investment from those who recognize the value behind those developments. At The Green Baron Report, we understand that this investment idea is a bit ahead of the curve for many. With this particular situation, we would rather be too early than too late. We believe SLGX stock is going significantly higher, and is important to us that we pinpoint the suggested entry price for our members at this level. Specifically, at this point, we suggest members to add SLGX at prices under $2.00 per share. To be added to SLGX investor database or request Information, go to: http://www.sillenger.com/slgx/contact/ About Sillenger Exploration Corp. Sillenger is a natural resource development company dedicated to bringing a progressive, creative and proprietary approach to natural resource exploration. The Company believes Africa to be the new frontier in the mining industry. Parts of Africa have been noted for a rich history in gold, diamond, and other precious mineral mining. The continent hosts a number of major base metals mines extracting copper, zinc, bauxite, iron ore, etc. Recent exploration activity has led to the discovery of rare element strategic minerals such as uranium, tantalum, gallium and lithium. While Sillenger’s initial focus will be Africa, the Company will consider and examine any opportunities that lend themselves to the income statement and can build lasting value for Sillenger shareholders. Focus on Africa Many African governments have recognized the need for democratization and economic development, legal reform, and political stability, and have been undergoing relatively peaceful transitions to liberal democracy and market-based economic. While rich in resources, many of these countries still find it difficult to attract the capital and expertise required to improve their industrial and social infrastructures, because the international perception is that the investment risk is simply too high. Sillenger believes that while some countries justify those concerns, if one cares to look, they will see that there are also many tremendous opportunities in many stable jurisdictions that welcome and deserve investment. Change in Africa is occurring at a much faster pace than many realize. Sillenger believes Africa is the new frontier in the mining industry; therefore it is prepared to act boldly and decisively not only in seeking opportunity, but also by being a catalyst for economic and social development wherever we have a footprint. Guinea-Bissau Guinea-Bissau is among the world's least developed nations and depends mainly on agriculture and fishing. Its proximity to Europe, untapped resources, and a government anxious to prove positive economic development make it an ideal place to build a strong business relationship.
More on Africa “Despite an enduring image of victimhood, Africans have made steady progress over the past 20 years in democracy, economic development and conflict resolution. Much remains to be accomplished, and many of the gains remain fragile.” (Michelle Sieff – World Political Review – January 2010) This statement from an article that appeared in the January 8, 2010 issue of World Political Review sums up many of the misconceptions held in the developed world when it concerns the African continent. The challenge for all of us in much of the developed world is to understand that Africa is changing much faster than our perceptions of Africa. During the post-colonial era since the end of World War II, and the breakup of the Soviet Union, many African countries have overcome the upheaval these transitions brought to much of the continent, and have been slowly and steadily building their economic foundations. As some far-sighted investors have discovered, many countries in the developing world, and Africa in particular, are rich in minerals, oil and gas, and other natural resources, and have a strong desire to exploit these resources for economic growth. While opportunities abound in many emerging countries, simple ignorance and negative perceptions held by the developed world’s political, industrial, and financial institutions have resulted in the tendency for many of these countries to be largely ignored by the developed world. Despite these perceptions, many African governments have recognized the need for economic development, legal reform, and political stability and have been quietly achieving those goals. While rich in resources, many of these countries still find it difficult to attract the capital and expertise required to improve their industrial infrastructures, because the international perception is that these countries are simply considered to be too high risk to invest in. It wasn’t that long ago similar perceptions were held about India, China, Brazil and a host of other developing nations. Change in Africa is occurring at a must faster pace than many realize. Sillenger believes that the reluctance of others creates opportunity for us, and we see many tremendous opportunities in Africa that should not be ignored. Bulkley Claims Although Sillenger’s focus will not be on developing these claims, we still feel the need to include a description of this asset CURRENT HOLDINGS: BULKLEY MINERAL CLAIMS Sillenger owns a 100% interest in the three mineral claims located in the Atlin Mining Division, British Columbia, Canada. The Bulkley Mineral Claims are located on the Teepee property to the southeast of the TP showings (104M 048-050) and the Crine Veins (104M 081) near Tee Pee Peak about 54 kilometers west of Atlin, British Columbia Lat.59 38′ 29′N, Long.134 32′ 24′W. Elevations vary between 900 meters and about 1200 meters. Map 1 below shows the location of the claims in relation to the province of British Columbia, Canada.
Atlin is
located on the east shore of Atlin Lake in north western
British Columbia, Canada with a relatively isolated
community of about 350 inhabitants. Atlin is 98 kilometers
south of Jake’s Corner, Yukon on the Alaska Highway, and 182
kilometers from Whitehorse, Yukon. A community airstrip
enables air access by small planes into Atlin. HISTORY OF ATLIN AND OF THE BULKLEY MINERAL CLAIMS AREA The Atlin mining area gained prominence in 1898 when placer gold was discovered. A mining “rush” ensued and was most active in the period between 1898 and 1910. Exploration for gold in the Atlin area has been continuous through to the present. Press Releases Thursday, May 6, 2010 - Sillenger Exploration Corp., through its African Representatives, Enters into Memorandum of Understanding with the Government of the Republic of Guinea-Bissau - VANCOUVER, BC. - (MARKETWIRE via COMTEX) – Sillenger Exploration Corp. (OTCBB: SLGX) (“Sillenger”), is pleased to announce that through its representatives in Africa, has entered into a Memorandum of Understanding (MOU) with government officials of the Republic of Guinea-Bissau. The scope of the MOU covers business development in the Republic of Guinea-Bissau. Wednesday, May 5, 2010 - Sillenger to Appoint New President - Sillenger Exploration Corp. (OTCBB: SLGX) announces that it will appoint John Gillespie as its President. Mr. Gillespies's appointment will be completed as soon as SEC regulatory filing requirements allow. Mr. Gillespie will bring senior corporate expertise in licensing, legal, and royalty mechanisms to Sillenger Exploration. Since 1978, he has built an impeccable track record as President and CEO for major corporations including Pizza Pizza, Goliger's Travel, and Ryan's Pet Foods. As President of Pizza Pizza Ltd., a major QSR chain based in Toronto, Ontario, Mr. Gillespie expanded the company from 16 franchised outlets to 130, and over $100 Million in system wide sales, largely by pioneering and implementing a sophisticated computer system, while enabling accelerated business development. Mr. Gillespie earned the honor of being awarded "Executive of the Year" in 1987 by the Canadian Franchise Association for his efforts in transforming the CFA into an organization dedicated to teaching and promoting ethical franchise methods and business practices. In 1992, Mr. Gillespie purchased Ryan's Pet Food which he doubled in size by creating a franchise licensing system, adding new licensees to its corporate base. In 1988, in conjunction with a TSX-listed venture capital firm, Mr. Gillespie purchased a controlling interest in Goliger's Travel, became its President, CEO & largest shareholder, as well as a strategic partner in other ventures and investments. Under his direction, Goliger's became one of the largest independent travel companies in Canada with 76 franchised agencies, and sales of $125 Million. During the past decade, Mr. Gillespie has proven his skill set and foundations as a business strategist by engineering a wide range of solutions in real estate and land management, labor negotiations, legal frameworks, marketing and business development, administration, and rapid revenue growth. "Mr. Gillespie's considerable business and management experience, combined with his licensing expertise, makes him the ideal leader for Sillenger's newly planned business model for mineral exploration." stated Ms. Sing. Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or Sillenger Exploration Corp.'s future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of Sillenger Exploration Corp. and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Green Baron Conclusion We believe companies that can identify and claim world class mining properties will be the biggest winners in the stock market. Many of these stocks have already produced huge gains, but several have yet to be introduced or identified. The Green Baron Report is proud to be first to identify Sillenger Exploration as the next big winner in the resource exploration industry. Many agree that Africa represents the new frontier in mining. Although South Africa and some other countries have been thoroughly exploited, there is a large amount of key territories that are considered virtually virgin land rich in minerals. Guinea-Bissau is a country that Sillenger would like to do business with, and we expect rapid developments to occur there and potentially other key areas in Africa. Over the next few months, we will provide active coverage of the developments with Sillenger Exploration. We plan to interview key figures within the Company, and clearly identify the unlocked potential. Again, we suggest that members accumulate up to as high as $2.00 per share and we predict much bigger moves from there. Stay tuned for much more about Sillenger! Again, to be added to the SLGX investor database or request information, go to: http://www.sillenger.com/slgx/contact/ Company Contacts: U.S. Office:
Sillenger Exploration Corp. 468 North Camden Drive, Suite 200 Los Angeles, CA 90210
Canadian Office Sillenger Exploration Corp. 7839 – 17th Avenue Burnaby, British Colombia V3N 1M1
Investor Relations: Drew Farion (310)860-5646
ATTORNEYS NORMAN LAW FIRM 8720 Georgia Avenue, Suite 906 Silver Spring, Maryland 20910
AUDITOR SILBERSTEIN UNGAR, PLLC 30600 Telegraph Road, Suite 2175 Bingham Farms, Michigan 48025
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