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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Message: LOL

Well, I love math, so I just have to respond to the following post, LOL

This is just for fun, not my opinion, just math based on a post from the other side:

Ok here are two statements I am making - will they cause me to go to jail?

1. If the Tesoro project "anomaloy" is full of 10 oz/tonne gold then SLI shares will be $5,000 per share - guaranteed.

No need to show statement number 2
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32582412&l=0&r=0&s=sli&t=list#MHiQ0MVk8GK8eQgo.99

If the above statement is true, gold now is selling for $5.44 per OZ to give the shareholders $5000 per share, on the known size of the anomaly. Hold it, is it not open to depth?

No need to show all the math, or is there?

1700M X 1800M X 1300M X 2.7 T/M3 X 10oz/T = 107,406 Million OZ

$5000 per share X 117 Million shares = $585,000 Million $

So, @ $5000 per share, gold would have to be $5.44 per OZ in the ground

That is pretty cheap gold!

Remember, these are not my numbers, just based on the post from above

LOL

So, now how does the $5000 per share statement look now? I guess we could have scaled it a little, just to make it look better!

LOL

Bring on the next set of drills!

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