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: multiple dividends?

I find it very interesting that we now own 100% of the Vilcoro. This property is drill ready and is in a prime location that may hold several million ounces of gold, as stated in the new website.

If we get the Tesoro proven up enough for sale by year end, I would imagine the focus will be shifted to the Vilcoro. A good size drill plan could put this property in a good position for sale by next summer. So, I am thinking, if we get a dividend for the Tesoro in the new year, its possible we may get another for the Vilcoro before the end of 2012.

The Cueva Blanca is also very favourably located with chances of an economical resource. This could be another dividend by a year or so, depending on how much work IGD gets done on it.

The newly aquired Gold Summit property has a 43-101 already in place on it, I haven,t looked at it yet, but suspect it has great prospects. Another dividend in the future?

I should comment also, that these dividends can be sped up should we sell the Tesoro quickly. A lot of the money from the Tesoro sale would most likely flow back into SLI from happy investors, excellerating the timeline for chances for other dividends.

I beleive we are fully diluted at this time, and cashed up pretty good , so there is no room to issue anymore options or pp,s. I beleive I read on the new website that we will have $20 million in the treasury should all the warrants and options get exercised. Maybe some of the trading yesterday was connected to this? Another thing to take note of; we have mentionable shares in our JV partners which add to our value.

IMO

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