I believe at some point this should be revisited and possibly appealed. Under the circumstances, I cannot see how a judge could have ruled in favour of SLI and more astonishing, is that SLI court costs were ordered paid by the dissidents, by the judge. I believe this can be appealed after the 3 dissident group of directors get in, I believe you only need 2-3 directors for a mininum requirement of the Exchange anyhow.

http://steliasmines.com/newsrelease/supreme-court-of-british-columbia-rules-for-st-elias-and-rejects-dissidents%e2%80%99-petition/

The Annual Special and General Meeting (the “Meeting”) of St. Elias shareholders remains scheduled for December 27, 2012 at 11 am Vancouver time, as set by St. Elias. After reviewing the evidence and hearing submissions from both sides, The Court concluded that the facts did not support the dissidents’ application to set aside St. Elias’ Articles or delay the Meeting into 2013. Moreover, the court ordered the dissidents to pay St. Elias’ costs.

Also below, a violation by management pointed out in a dissident release that has seen no reprimand from the Securities as far as I know.LOL, violations by the Exchange and Securities may also be mounting by not acting. It appears pretty obvious to me that under Policy 3.1 of the Corporate Finance Manual, that several rules may have been broken, that should not allow the current BOD to even hold office in SLI. Perhaps we should ask our government to intiate an investigation into the regulators on our behalf? Or perhaps an inquiry by a foreign government, looking at protecting their citizens and investors best interests?

(The concerned shareholders are concerned that throughout November, 2012, management of the company was in possession of material information that five director positions would be open at the AGM. Management did not disclose this information to its shareholders until Dec. 3, 2012, which was too late for the concerned shareholders to then nominate five directors. Management now relies on its lack of timely disclosure to prevent the concerned shareholders from nominating Mr. Rainbird and Mr. Defreitas at the AGM.)

http://www.stockwatch.com/News/Item.aspx?bid=Z-C:SLI-2026268&symbol=SLI&news_region=C

IMO