posted on
Aug 31, 2011 02:35PM
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
Message: Re: NEWS
Here's my opinion for what its worth.
Any major that buys the Tesoro property is going to purchase it based on all the work thats been done on it so far. Grab samples, trenching assays , drill core sample assays, Titan 24 etc. etc. If lori keeps the entire 17000 together and sells it, I would be surprised if we got any more money for it than if we sold it by itself. They're only gonna buy it for the original Tesoro. So in my line of thinking, if she options all of the 12000 acres to different companies then we cash up our bank account, put millions of shares in sli share holder base, keep a net smelter royalty and 40% of any gold that gets discovered, plus exploration gets started on this property right away. If we tried to prove up the rest of the property, we'd be at this for years yet. This is the way that keeps the money rolling in after the Tesoro gets sold. If we're gonna keep a property back for ourselves, I'd prefer to keep Vilcoro.
9 Recommendations
Loading...
Loading...
New Message
Please
login
to post a reply