This report came out in Oct of 2011, we did not get drill results until the following Jan, and did not get trenching results until approx 9 months later. If you carefully read this report, you will find that the author is in agreement with this potential, and if you actually understand his numbers, may suggest a larger deposit than what some here at Agoracom was possible.

So, here is the stock rising that day to reach maybe its alltime high, BEFORE this report is released, then 2 hours BEFORE the report is released, increased selling begins. I believe we hit $2.80 that day, with this analyst suggesting a speculative over $3 per share. Now this analyst and his other credentials should suggest that this guy knew what he was talking about? This analyst read and analyzed the historic data to suggest something very valuable. This analyst was paid by SLI to write this report. I would like for this analyst to make a public statement now of his thoughts.

So, not has only several geo,s think very positive of the Tesoro, you have this guy too, hmmmmmmm? Then I think of Dynacor and their 3 veins adjacent to our north,along strike, that had an estimated resource of over 600k ounces, with comparable grades to SLI, and where SLI states, they have over 50 veins! Then when you really look at Dynacors resource estimate, you will find that it may have been scaled by as high as 70%, which would mean, that in actuality, Dynacor could have many multiples of 600k ounces in just 3 veins.

It most likely was management, including Lori that gave this author info for this report. I also find it interesting that this author was a compliance officer, looks like with the TSX at one time. This can be viewed by reading the "about the author " section.

There is lots more in this report below that may raise some new eyebrows.

http://www.miningstockreport.com/media/downloads/Mining_Stock_Report_St_Elias_Summary_Report.pdf

All in my opinion of course