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

Free
Message: Re: Another Newbie
9
Oct 11, 2011 07:59PM
8
Oct 11, 2011 08:32PM
20
Oct 11, 2011 11:04PM
17
Oct 11, 2011 11:41PM
6
lb7
Oct 11, 2011 11:48PM
11
Oct 12, 2011 01:23AM
17
Oct 12, 2011 03:06AM
3
Oct 12, 2011 06:43AM
3
Oct 12, 2011 09:48AM
6
Oct 12, 2011 10:36AM
2
Oct 12, 2011 10:48AM
6
Oct 12, 2011 11:48AM

The biggest thing with SLI, I think is the fact that we prove up properties, THEN SELL them. That in itself is unlike most junior gold explorers, that just keep proving up what they have, WITH THE INTENTIONS of mining the resource. This makes everyone to expect great things SOONER than they would expect in other juniors. This gets our expectations very high, and then we are easily let down when we don,t get progress news because WE KNOW that with each bit of news, that we are that much closer to maybe a sale.

The only thing I can say is that there is only so much proving up of a property, before you come to the point that its no use to prove up any more, you then have ENOUGH proof. I beleive we are getting close to that point, but also remember that we have to drill the deep holes this month. We need that proof to put into the mix. Hopefully our samples will keep being released up til we get the final drill results, and if good, keep pushing the sp up. BUT, the real question that needsa to be answered is;

How much proof does a buyer need before he makes an offer?

If anyone can answer that question, THEN we will know exactly when its acceptable, to expect an offer. I have been trying to answer it, but to no avail.

So we wait.

4
Oct 12, 2011 09:47PM
5
Oct 13, 2011 01:59AM
Share
New Message
Please login to post a reply