posted on
Sep 26, 2011 02:08PM
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: Sell time
Chaz
1)What would a guy do to take advantage of all the other properties after an offer comes in on the tosoro property?
1) Stay with your stock if the property is sold off as a dividend, then you will have your same amount of shares left in SLI so that you can enjoy the future benefits as each property is proven up and sold if you feel comfortable. Keep in mind, if/when the Tesoro is sold, the treasury will most likely be cashed up enough to advance the rest of our properties considerably. This will cause the share prices in Havillah and our SLI shares to most likely advance handsomely because of our cash position allowing us to prove up the other resources regardless of the market. The market may have an effect on sp then, but we should be able to hold our strength, much like we have done in the current market.
2) Would we have to re-invest into the SLI stock again once their focus has shifted to proving one of the other properties?
2) It would most likely be a good idea to put some of your Tesoro profits back into SLI and Havillah, but that will be your choice.
3)Or do you think they will pay dividends and all we have to do is ride the wave?
3) Its possible they may pay dividends as other properties are sold in the future. This may take awhile because it takes time to prove a property up enough for sale. But, if you ride the wave, chances are, there could be future dividends.
IMO
9 Recommendations
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