So many more questions here of why there appears to be no reprimand to these individuals that have been late filing which may be giving shareholders an unfair trading advantage. Let me explain.

I just started looking at this, but already several red flags are jumping out at me and the regulators once again come into considerable question.

Insiders have 5 business days to report their trading , that is what investors are assured of, through provisions of the regulators and the Exchange. It is very important to the public, potential investors and existing investors that these provisions are adhered to and that all accompanying laws are upheld to assure integrity of the market place. Insiders are not allowed to trade on insider information, meaning that if they are in receipt of information not yet released to the public, they cannot trade.

In more important issues of disclosure

, , there are also blackout periods in which insiders cannot trade a few days before and a few days after the public release of information, especially if the information is material news.

By initially looking at the first recorded trade of Bob Lachance on the date of Feb 12 2013, there was a news release put out the next day by Intigold, that they were not pursuing the Cueva Blanca option agreement with SLI.

http://intigold.com/uncategorized/st-elias-mines-ltd-and-intigold-mines-ltd-update-on-status-of-cueva-blanca-property-peru/

Now where Bob Lachance appears to be a director of IGD, he had to have known about this decision by IGD, not to continue with the option, because a directors meeting would have to been held to discuss this action, whereas it definitely is NOT day to day business, that a CEO could execute without getting director approval. This option agreement that IGD decided to end, was perhaps the most valuable mining agreement that IGD had, whereas there is a considerable historic estimate of minerals on that property, that a very conservative estimate dollar value, would put it into the hundreds of millions.

By the public not being informed properly about insider trading prior to this announcement, shareholders were neglected the fair opportunity to be in receipt of this information and to be able to make a reasonable investment decision, perhaps by selling some stock. Investors were neglected the fairness of process and once again were perhaps taken advantage of by Bob Lachance,s trading, whereas it looks as though his selling before news was out, helped to lower the stock price, incurring lower monetary value for any shareholder wishing to sell stock AFTER the news was out.

Also, I find it very suspicious, that a few days before that, and that coincided with another sell by him on Feb 7th, a huge spike in trading volume just prior to the sells. I will have to look at more news releases to see any connection there after a bit.

All and ALL, once again, I see what may suggest that regulators are not enforcing laws that support integrity in the markets, that in turn are jeopardizing the small investor, that is not privy to inside information and that are taken advantage of in this manner, constantly. There is definitely an instrument of negligence on the regulators part when violations go unreprimanded and adds insult to injury, in which it is incurred by the small investor. Also, when we do see reprimands in certain situations, the little investor or even other stock holders do not receive any form of compensation for there losses when connected to violations. In fact, a reprimand that may or may not include a fine, sees the fine money going to the regulator or investigative body, and not the actual investors that were harmed. So, the regulators in fact make money off these situations, but the investors almost never do, and must burden the losses themselves without any compensation. Common sense would tell anyone, that the regulators again are not out to reimburse investors for their losses, but actually make money at dishing out a few fines. It truly is absurd when one thinks of Brenda Leong, the head of the BCSC, receives around $500,000 per year. Don,t you think thats a very high salary for someone in a regulatory business that doesn,t return any compensation or restitution to the investors actually harmed? Investors loose trillions of dollars daily in the markets, and the lenient justice system just slaps the bad guys on the wrist, while some investors lose their lifes savings, and the slapped wrist guys get a little fine, and go off in search for new victims. There is also negligence involved when the regulators do not curb nor disuade serious crimes of fraud,by imposing more stringent regulation and setting up forms of restitution to the victims, allowing it to continuously continue. A system set up this way is not in the best interests of investors, and in reality, is contradictory to every facet of assurance that refgulators and such depict to the uninformed public, perhaps entrenching and entrapping them into a system where a false sense of security gives the illusion that the small investor is protected.

Sorry for rambling, but I deemed the entirety of this post important to not only SLI investors, but to every citizen of this world as well. My post is the REAL world, the world I speak of in the post, is the illusion presented to the conditioned minds to enable these innocent people to be robbed again,again,again....... Flaherty, please haul up your pants! :)

thank you

rick