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: What Do We Do?

Hey Folks;

Just a line or two to give you my take on the last week or so of trading,--- if that is what you wish to call it.

After close to 9 years now of being a player in this venture company, there is not a lot that gets me excited or depressed. I've watched this same scenario that is happening with the stock repeat itself several times over the years, and one thing always remains constant---the manipulators gather and grin.---

And when we get some positive news and the share price goes up, the manipulators sell off their gatherings and reap the benefit of scaring the impatient ones out of their just rewards. I know--cuz I was one of those that got scared off and sold way too cheapin the earlier years.

Then, as the DD and other evidence showed that SLI was a great investment, I would buy back in at a higher price than I sold at, the manipulators would reap MY PROFITS, and SLI would continue to prove up what is and always has been a great opportunity to hit the BIG ONE.

I guess what I am trying to say is this--- IF you believe in the project, NOT the daily share price, then give yourself the benefit of letting time determine what you will get for your shares. Use the daily share price decline as a buying opportunity only.

I have said it many times here before and I will repeat it one more time ---treat SLI as a RESOURCE PLAY ---meaning that when they drill and trench the gold veins and deposits and determine how much is in the ground to be mined out by someone else, we will get paid for our resource---not our shares.

If you have a lot of shares,you will be paid more than the shareholder that only has a few shares. SHARE PRICE HAS NOTHING TO DO WITH WHAT YOU WILL REAP AS A BENEFIT FROM A RESOURCE SETTLEMENT. The only thing that is sold is the ground with the gold in it---not your shares.

Of course-- as everybody keeps saying --- this is just my opinion, but I believe it is an opinion that makes sense to me. Why would you sell off property that you have not proven up yet.

Kinda like selling baby ducks before they mature or a good beef calf before it reaches butcher weight. Think about it---hang on to your shares, use this as a buying opportunity if you have some extra cash---and relax---the story has never changed, just the hype.

Rinky

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Jan 10, 2012 11:08AM
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