Again Molson, great work!
I see a very interesting line in this article; " Company officials say St Elias sold about $900,000 in gold in the past five years. Most of it went to buyers in Canada and Peru. " This article was written in 2012, April.
Did anyone see any revenue sources identified in the financials, other than revenue from shares?
I find it very interesting where the article identifies Canada as where some of the gold was sold. But, this is only most of it, this sentence may suggest that it was sold to buyers from more than 2 countries, why selling it to so many different countries? I thought it was only sold to Dynacor where the ore was processed.
We also see the CEO making this comment; "China's appetite for gold investments spells "good news for us", said Lori McClenahan, St Elias chief executive. ", perhaps some gold was sold to China as well?
But, $900,000 worth of gold is not that much, why all the different buyers?
Apparently this article originated in New York, I believe some posters here might have said, that our CEO frequented New York, and perhaps a news release may allude to that, I didn,t check.
IMO