I took this from the China NR;

VANCOUVER, B.C. (Dec. 20, 2011) — High-level business meetings between Vancouver’s St. Elias Mines Ltd, and the Chinese government this week could pave the way for funding opportunities by investors in that country.

Two St. Elias representatives met with high-ranking Chinese officials and investors to discuss China’s growing economy and its commodities interests globally. The visit included an official reception at the Great Hall of the People, the political hub of Beijing.

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I highlighted all portions above, with the exception of the companies name. Lets look at the first highlight;

1)High-level business meetings. Don,t some find the term high level intriguing?

2) discuss China’s growing economy and its commodities interests globally.Why would our little ole Venture company be allowed to waste the time of these high ranking Chinese officials, if they didn,t have something worth talking about? Think about it!

3)Beijing, not sure if its right, but someone told me that the SP had to be $5 to list on the Beijing exchange. If thats the case, then the trip was obviously not a trip to get listed there. Again, think about it.

Here is that release again for some to go back over and maybe get a different perspective on what it may be saying.

http://steliasmines.com/newsrelease/vancouver%e2%80%99s-st-elias-mines-opens-doors-in-china/

This post is mere speculation on my part, only the words said by SLI themselves in their NR is fact.

IMO