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: management doesn,t want to fill PP? Why?

Its been probably 2 months now since the PP was announced. The company is in dire need of capital to just to sustain its existence, let alone working capital. The last financials depict a grave concern for investors, maybe not at all for the BOD, whereas they currently own very little to no shares. It is unjust, not right and contradictory to security policy that this incompetent management is supported and condoned to remain in place of our company, by the regulators and exchange. So if the authorities cannot enforce the laws and policies to remove the current BOD, then how can those same authorities enforce any law that would prevent shareholders from merely firing all the BOD and taking control of our investment interest now?

Its becoming pretty obvious that management does NOT want to fill this PP for some unknown reason/s.There have been at least several investors that asked for the package to take part in this PP in the last several weeks, with no particulars sent out yet. Any competent management would have been right on this considering our current financial state and executing this necessary and important PP.

The stock is continuously pressured and held at this very low level intentionally by market forces that are known to the Exchange. To allow such a practise of manipulation, places the Exchange in a position of aiding and abetting. I don,t need to expand on what this means, but can assure you that the institutions that OWN the Exchange, are now in a position of accountability as well. I should also mention here that I am seeing OWNERS of the Exchange paying what appear to be fines with little recourse of reprimand being a constituent of the fine/s, merely because they admit "no wrong doing" and just pay the fines/settlements. This is a huge concern as well, upon paying any settlements, the exclusion of any criminal record, allows these institutions to continue their questionable practises unscathed by the law that others must follow. They are placed above the law with the little appeasement that they have paid some form of monetary compensation through a settlement.

By our shameful government allowing these types of practises continue, it shows where favourtism lies, and its not with the little guys that have all their pension monies as well in a financial system that doesn,t offer any protection to them. And don,t tell me there is protection for pensions, for that is a lie and evidence of this can be seen in different countries around the world and most recently Detroit, where some pensioners there may only receive .16 on the dollar of their servitude pensions. Also revert to the "bail in" provision implimented in Flaherty, s last budget, a provision that helps protect the banks at the expense of anyone with savings in a financial institution. The recent Cyprus episode was a wake up call for many with big U.S. things quite possible very soon. Its getting closer to home, and no one is immune. Although there are steps being taken worldwide to salvage the financial system, its much like taking 2 years to patch a rust spot on your car, when at the end of the 2 year rust spot patch, you discover that there are many more NEW rust spots that need to be fixed. The most common sense thing to do, is to get a new car.

IMO

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