No CEO is going to say - "the drill results were horrible" - they must try to be positive to attempt to move forward. Saying there is "mineralization to depth" also is not a lie - although the flock took this to mean much more than small veins. Based on the postings at AG I know that Murr was in touch with several posters and he was quoted as saying that there was no need to panic and that nothing had changed with the potential of Tesoro. So I don't know if the CEO or management (Murr) was being deceitful but if they were leading people to believe that the mountain of gold dream was not shattered by the drill results, then yes, they were certainly being deceiptful.

Read more at http://www.stockhouse.com/companies/bullboard/v.sli.h/st-elias-mines-ltd#S1cGf5ggsSHh0Jzv.99

.....just an fyi GF. If I remember correctly it was Lori that said nothing had changed with the potential of the tesoro at the Calgary meeting. Not Murray..