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

Free
Message: Just to clear something up... as much as possible....

Excellent analysis of the situation , Kemo.

Those are my thoughts too. If SLI wants to sell this property quickly, they should just have to put a hole in each priority anomaly and 2-3 in the bigger ones. If this first drilling does that , instead of drilling every 100 meters apart along strike, we will know that SLI doesn,t have to prove up resource rather just prove the correlation between the anomalies and the gold, all over the property. Here is the first drill plan suggested by Quantec, IMO, if they follow this, it means they are doing what we think.

I should also mention the radio broadcast posted here yesterday from 2006. I found it interesting where Lori said that Barrick was staked all around us then. That a confidentiality agreement may have been in place there between us and Barrick. Barrick has let all their staked claims around us go, and it looks like we have picked them up. It still seems to me that Barrick voluntarily stepped back and let us explore this area. It may be interesting to see what allegiance Barrick has with the likes of China, Glencore, etc. If Barrick wants a stake in this, they cannot do it alone, they will need at least one big backer.

Share
New Message
Please login to post a reply