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: Re: What's your opinion?
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Jun 27, 2010 07:39PM
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Jun 27, 2010 09:21PM
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Jun 27, 2010 10:26PM
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Jun 27, 2010 10:31PM

Borrowing some numbers from a wise fellow shareholder - if the ovoid comes in at 5g/t, using $160 per oz. and 115 million shares it would come out at around $54 per share. This is just the ovoid, and conservative numbers. I'm sure calculations and bargaining would be interesting and complicated, but looking at it simply that would compute to over $6.2 billion. Who could afford us? It may take a partnership of us and a big player or two other big mining companies.

Barrick filed a lawsuit in Jan. 2010 against Gold Corp and New Gold. A couple related articles are at the following links. I'm no expert on big business but I suspect neither of them may not feel like going into business with Barrick at this time, or in the near future.

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/barrick-files-lawsuit-over-chile-mine-deal/article1430582/

http://www.reuters.com/article/idUSN1714396820100217

I'm very optimistic on the future of SLI, and a partnership may be a wonderful thing long term. If the gold is there, share price will rise with positive results. When you start punching numbers into a calculator it gets exciting and hard to comprehend, sort of like light years!

I like the rich by Christmas time frame, but I won't be surprised if a buy out or major agreement takes longer than that.

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Jun 28, 2010 12:16AM
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Jun 28, 2010 08:33AM
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Jun 29, 2010 12:34AM
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Jun 29, 2010 06:07AM
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