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: Purchase by a Major?

I'm a brand new poster, bought in to SLI in June and have been reading this forum since then. Thanks for the info, this site makes it easy to understand what is possibly in the ground and the great potential for this stock.

While doing my DD, I came across some information from John Meech, Director of CERM3, UBC, director of mining engineering. He states that the odds of finding an orebody are 1000:1 and the odds of selling to a major are 100:1. I realize it is hard to locate the recources underground or everyone would have done it by now but this revelation of selling to a major being so difficult is news to me.

I work in the oilfield and juniors are constantly being bought and sold, does anyone have any input on this topic. I know you can't trust everything you read on the internet but John Meech is a real person and I can respect his educated opinions. Here is the link for his presentation.

http://www.cerm3.mining.ubc.ca/documents/johnmeechpresentation.pdf

Drew

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Oct 05, 2011 12:00PM
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Oct 05, 2011 12:08PM
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Oct 05, 2011 02:57PM
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