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

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

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Message: BID DEPOSIT

Just a thought.

Now a days house or land going up for sale by aucton, bidders must put a security deposit of about 10%, before sale or they are not allowed to bid on sale day.

So lats say we are conservitve and say ST Elias is worth $100.00 a share, bidders pay shareholders $10.00 a share to hold till sale day is fair, is it not?

So if we have 10 bidders ( Murry says 10 have interst), that gives us $100.00 in bank and when on sale day we sell for $1000.00 a share to final bidder or bidders, I would gladly refund the losing bidders there money back, and laughing all the way to bank and traval agency to book on a SS cruise SHIP.

PS It also give a good sense of security of what we have here and pay some bills too.

Just a thought.

Mimi

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