Re: Enlighten us
in response to
by
posted on
Feb 06, 2013 06:03PM
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
Some rumours were and have been, Private Jets. Maybe there is some merit to some of these early allegations? Also, I have been told that lease of a private jet for one flight could cost around $350,000.
Here is an old news release from SLI where Lori threatened to sue a poster, one of his remarks, ( below), I find quite interesting.
"Lear jets and most likely charge them up to the public company. Plus bringing family and their kids friends."
http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-501978-C:SLI&symbol=SLI&news_region=C&name=St+Elias+Mines+Ltd&hitwords=libelling
It appears that Lori may have been travelling constantly when investors used to inquire of the office her whereabouts. Now 10 trips in a private jet may cost approx $3.5 million alone. If you do some quick math on all here travelling if done this way, it would amount in maybe the double digit millions. Even though its possible that SLI funds may have paid for some of her travelling, if it was mostly private jets, thats a substantial amount of money, and I would have to ask where did she get all that money to sustain a life style that may have been as such? She only gets about $150 k from SLI and IGD each year, the time taxes are off that, there cant be much left? She hasn,t really sold any shares in the past 3 years that show up on insider trading, although she apparenty did sell some shares privately, like a million or so in one shot, that should have been a wash when she took up over 99k shares of the Oct 2011 PP at $1.80? As she was selling shares on the last year of stock decline, some of these shares were also being handed away by her as gifts , so factually, all the money from selling shares was not going into her pocket as well?
IMO