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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Edmonton44, you ask, where are the 90% of drill results that are still missing?

My question to you would be, do you know for certain that the remaining 90% will be assayed and reported? Or did St. Elias's geologists follow standard sampling practices and only submit drill core they deemed to have mineralization potential?

The reason I ask is because if you're waiting for the remaining 90% to be assayed and reported, you should probably ask the company if they actually intend to do this. In my experience they won't, but I could be wrong in this instance. It is also in my experience that if results are not forthcoming it's because it's not material information and managment has decided that releasing these results is not in the shareholders' best interest (ie: might cause more selling pressure).

The problem with this scenario, however, is that it creates a situation where shareholders expect to see results that the company has no intention of ever providing. I've seen this before on another stock. Shareholders on the stock board were demanding that the company release the results, good or bad. The company never did release the results and eventually optioned off the property to another company. People were furious and cried conspiracy. Though we'll never know for certain with that stock, I surmise that the results were likely poor and would've resulted in selling pressure had they been released.

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