Mr aiminvestor,

It would appear to me that IGD nor Capitol 88 has lost faith in the Tesoro. If there was nothing on the Tesoro, wouldn,t you think that these other companies would have backed off or wouldn,t have even bothered to sign option agreements with SLI?

http://steliasmines.com/newsrelease/st-elias-mines-options-strategic-claim-adjoining-tesoro-to-88-capital-corp/

http://intigold.com/intigold_news/chance-e-mineral-claim-peru-phase-1-exploration-program-to-commence/

So you have these 2 publicly traded companies optioning properties from us and they are both willing to spend $1.5 million over a 3 year period. Also, both of these properties Chance E and Chance F are only ~ half the size of the original Tesoro (1,2 and 5) and if there is nothing on the Tesoro, when she says this in the releases;

"Geological information, together with Titan 24 geophysical data and satellite imagery, confirms that structural lineaments which are coincident with gold mineralization on Tesoro Project extend onto the Chance E Claim."

then half of nothing, equals nothing for both of the companies that have options with us. Because, if you go by fact, which is stated above in the quote, and when you look at our drilling releases at face value, which shows nothing, how can that same gold mineralized trend be worth mentioning anywhere else? And, if there was nothing on the Tesoro, don,t you think Lori would have focused her attention on the properties she optioned out first?

Another thing, IGD took out the Chance E property last Aug 31st with this sentence in the release "The program is scheduled to commence immediately.". So, if they found nothing last year, why bother in April of this year to even do more and try to meet the terms of the contract? They have to spend $225,000 by the end of Aug this year to fulfill their option obligations.

http://steliasmines.com/newsrelease/st-elias-mines-ltd-%e2%80%93-options-strategic-claim-adjoining-tesoro-to-intigold/

And another thing, the recent PP for IGD was said to be a closed deal. Who in the world would fork over that kind of money so quickly, if IGD facts were an indicator of its value? Here is SLI sitting with at least 3 times the properties IGD has minus one high risk half of a tech company. Don,t say that the tech company is carrying the weight of the stock or this PP, because there have been no substantial facts released about this company to the public.And in the PP release it states that at least some of its going toward exploration somewhere;

"The proceeds of the private placement will be used for exploration expenditures on the company's properties and for general working capital. "

So again, none of this makes sense to me, maybe it does to you.

IMO