Re: Considerable funds in Minera Santa Elisa
in response to
by
posted on
Jan 21, 2015 09:13PM
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
You know Mrs C, I believe she was getting a little nervous about how there were compiling blatant violations of essential Law. If you recall, I was notified in Feb of 2013 that SLI was having a fire sale on all the mining equipment in Peru, mainly that held on the Tesoro property. She was selling this equipment off at pennies on the dollar very abruptly, for no reason, when you recall at that very time, she was putting out news releases stating that sampling and other things would be done, to establish a resource on the waste dumps.
This is important, because through the news releases, she was blantantly showing how valuable the WASTE rock was, that it was worthy of a resource estimation. This is the WASTE rock, and I cannot stress that enough. It clearly suggest the robust of the veins that this WASTE rock enclosed, and also evidences the veinlets of arsenopyrite and other sulphides. This also evidences and creates the theory of the anomalies being very mineralized, which CANNOT be denounced when examining all the data.
So, her intent is to destroy the company, and by regulation, any subsidiary we have, does not have to disclose its revenue by itself, but does so through the consolidated financials. Bannedbillyboy on stockhouse brought up a very interesting aspect of the financials, that at this time, suggests an inconsistency and contradictory to a considerable amount in one of the Peruvian bank accounts. It is possible that the Peruvian account is frozen by Peruvian authorities, whereas an ongoing investigation is still searching for black market gold sales. This could be one explanation why there is still a substantial amount sitting in that account.
And to be fully open here, I DO believe there is at least one HIGHER investigation ongoing into this company, whereas there is too much for any government and/or regulators to cover up. I feel at some point, there could be a suprise, but if there is such a suprise, it does NOT help us investors, UNLESS the Peruvian properties are ALL secured, including the Cueva Blanca. If it is shown that the Cueva Blanca is at present, a proceed of crime, it has to returned to its rightful owners, SLI and its shareholders.