Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

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Message: The interesting thing about this NR to me...

Thank you sinister, so you really believe that this is a good thing. Will you please take a couple minutes and perhaps look at this from a different perspective, from ours.

Can you please look at policy and see how it can be manipulated to favour power and leave shareholders time after time, without the same privelge to manipulate, and also that shareholders never really have a say in a company.

Too often, once people get to the top, they forgot how they got there, who helped them. Sometimes, they wish to place blame on others, to make themselves look better, failing to see how they may have been partially responsible for their mistakes. These people become blind and not see how helping many, is better than helping a select few.

Many investors got hurt here bad, they see no apologies from management, instead they see a constant battle with bashers and a ridiculous conspiracy suit against shareholders, which IMO is a classical SLAPP suit, to silence.

IMO, if the PP is filled, as you assume, then again, what type of people would condone the recent actions of management and place their money there. IMO, it would be the same type that the shareholders have trouble with now, likes attract. Having said this, any investor on the dissdent side has no reason whatsoever to trust management, and this will be just the same ole, with the stock moving up a few pennies and down a few pennies, with properties most likely never advancing. The past track record clearly shows this, mainly with the Tesoro, we had that property for over 8 years, it is hardly advanced and perhaps a disgrace, whereas management jumped all over the place with the drill holes instead of proving up a resource, while some other companies prove up a resource and even sell properties in 1-2 years. With the treasury SLI once had, we should have had a resource easily proven up of perhaps at least 600,000 ounces with the amount of money that was spent on the trenching and drilling.

Im not blaming anyone for what was and wasn,t done in the past, but to move forward, there has to be trust, and this PP (financing) the way it is constructed, clearly shows that there is still no consideration for shareholders yet, so right back in a circle. Until management realizes this, they will always go in a circle, but with an imploding spiral, that eventually turns into nothing. Its sad, but its the choice that management is making, not us.

As for your remark on the 20% loss on signing, please be realistic, that is totally irrelevant, and a desperate act to paint the PP up with lipstick. And shareholders here can see through lipstick. And why do a PP now, after some assets have been sold, why wasn,t it done before the LOI for the CB was signed? C,mon, there is no way to justify these actions and the miserable scar its leaving not only on the Venture Exchange, but the markets in Canada. SLI has become a prime example why so many have lost faith not only in the markets, but Canada as well.

Investors are not dumb, and they shouldn,t be treated that way.

thank you

rick

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