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

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Message: what's the downside?

IMO, if Lori is smart, she will try to prove this up as quickly as possible. The longer she takes to do that, the higher the risk percentage goes. If she decides to drag her feet, she risks losing her loyal investors, if she loses enough, she will be unable to thwart a hostile takeover, and risks being forced to accept a low ball offer. So, instead of her getting $100 p/s for her shares, she may be forced to take $10. I think the last report had her owning 3.6 million shares in her name, lets say 5 million now for simplicities sake. So, instead of her getting possibly $500 million for those shares, she risks only getting $50 million. I would beleive it would be in her best interests, to be prompt.

The delicate balance of voting shares that are now in her favour, could be weakened to less as time goes on. Lets say at present 70% of the shares are in safe hands. Lets say she drags this on for one year by only doing limited drilling and starts to do infill drilling. Loyal investors sell 20% of their holdings reflecting in an overall deduction to 55% loyal voting shares. If the aquirer of those shares being sold, were interested majors and their colleagues, these guys could own 40% of the shares between a half a dozen or so.So now lets say at that point, where they have 40% of the shares, they throw out an offer of $10 p/s, while our sp is at $2. Lets say 20% accept that offer and tender their shares to it, that now puts the major at a 60% position, he only needs 66% and he wins. This other 6% can be wiggled out.

The early warnings system by investors require them to make a public statement around the 9-10%. Lori gets the shareholders list every month, but if a major is buying under Jitney or Anon for example, she is not gonna know the full identity behind these shares, and therefore may be unexpecting. They could be pulling this company out from beneath her feet and she could be entirely oblivious to it. This is a precarious time for this company, especially if there is any proof at all of that anomaly holding 1 g/t throughout its entire body.

It would be a bad idea for her to try to do further PP,s to try to gain back shares and do further dilution, because this will only make more shares be squeezed out that could be gobbled up by an aquisitor. She could enact the shareholders rights plan (poison pill), but I would question the effectiveness at a point where an aquisitor already holds 40% of a companies shares.

Bottom line, Lori is in the most precarious stage of this company, if there is evidence of the Tesoro containing more than 10 million ounces of gold from initial drilling. If the initial results suggest this much gold in anyway, it will be in her,s and ours best interests to have steady results being released to prevent selling in between news releases.

Lori already said there was a major on our property snooping. If the snooper got what he was looking for, he could be accumulating shares now. This is very real and dangerous, and Lori should be making sure that no shares are being sold by loyal investors and insiders at this point in time. She can do this by putting out news and keeping the investors interested. There is not much sense in doing promo, if the new buyers can,t keep up with what the restless shareholders are selling. She will be losing ground. There is a delicate balance here ongoing, and I hope Lori has this factored into her strategy.

As I said before, only a couple numbers from some assays could tell the tale to what we have, and if Lori does not play this right, she risks losing her/our company for a drop in the bucket.

IMO

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