"Whats going on with our sp is ridiculous, and beyond fundementals anymore, and for this to be allowed to continue is ludicrous and is breaching certain integrity aspects of the market." - Sculpin

"IMO, this Tesoro must be huge, to see all the extreme games being played here, and greed is definitely in the picture here. You don,t see the types of things happening with a little venture stock that are happening with us, that should tell you that we must have something special here and that someone WANTS IT real bad, to go through these measures." - Sculpin

With all due respect Sculpin, many people expected St. Elias to be the biggest gold strike in history. The share price went south because drill results did not live up to expections. That's it. That's the reason. It happens everyday on the venture exchange. There are no conspiracies to rob everyone of their shares and steal Tesoro.

Look at Canaco Resources. Their shareprice went from 6.00 to 0.27 because people were disappointed their maiden resource was only a million ounces of gold. St. Elias hasn't proven anything even close to a million ounces yet. When junior explorers report poor drill results their share prices drop - that's the way it is. St. Elias's newsletter reported they have not found gold mineralization associated with the large Quantec Titan 24 anomalies to date. In junior explorer space, that is the kind of news that drops shareprices, no matter what company. That's just the way it is.

Had things gone the other way and had St. Elias reported the kind of stunning drill results everyone was anticipating, the resulting rise in shareprice would have been equally predictable and deserved. In junior exploration space excellent results are (usually) rewarded and poor results are always punished. Always.

"The fact that the important trenching has been held back as well, should speak of something, investors are not denied this info unless we are in talks with someone and have NDA, s signed." - Sculpin

Again, with all due respect, Sculpin, haven't we seen this line of thinking before? Didn't you say a few weeks back that you don't collar from the same hole unless you're finding what you're looking for, only to be contradicted by the facts presented in the news? Didn't someone on this board report from the Calgary presentation that no non disclosure agreements had been signed? The fact is until the trenching results are published, we don't know whether or not they will blow our socks off. Logically, if trench results were in fact spectacular, would it not make more sense to release those results immediately and shore up the shareprice before negotiating a buyout?

"So, you don,t go from a professional like Kevin, realizing the possibilities of the Tesoro, to nothing in the drills, it just doesn,t happen in this age. So, this should be telling everybody that we have something HUGE here, and that there is something else at work. All the data is not a scam, its facts and it is supported by the surrounding area players like Dynacor, so the circle takes us back to that she must be in talks, that someone else knows this, and are trying to accumulate by scaring investors out of their shares." - Sculpin

You say there's "something else at work" regarding the barren drill core, implying that the results are either wrong or have been tampered with to make them look bad. Are speculative conspiracy theories really a reasonable explanation for what is going on here? This is nothing more than the market's reaction to an exploration program that did not live up to expectations. Canaco got it way worse than St. Elias and their exploration program, though didn't live up to expecations, could hardly be called a failure.

Occam's razor suggests that among competing hypotheses, the one that makes the fewest assumptions and offers the simplest explanation is most likely the correct one. The simplest explanation is to date St. Elias's exploration program has not encountered significant gold mineralization and the market has reacted accordingly.