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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: SLI News from China
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Dec 19, 2011 04:27PM
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Dec 19, 2011 08:04PM

China has been extremely active in promoting their population to buy gold. This has been alluded to several times, and pictures of the gold shops selling gold coins, golden Buddha's, necklaces etc in the malls show people lined up behind the counters. In addition there have been Chinese companies set up to explore world wide promising junior companies. Jinshan was one Vancouver company used to explore Chinese properties with Canadian expertise, for example.

In addition there has been great activity in their investment firms ready to sell promising companies to their clients, and the sheer weight of their population that are already interested in gold protection of their wealth will certainly draw interest in the St Elias potential. The same thing applies to their thinking, one can speculate on the potential now and get more shares or wait for the proven values and buy less shares. I would guess the interest would be right now to some extent, and this will increase the share price accordingly.

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