I totally disagree where you suggest that people made an error by not listening to the Seeking Alpha guy. There are numerous reasons to support what I am saying and I will just leave this with any professional only has to look at the data from the N-1 vein to understand the economics and viability of the Tesoro. Had Seeking Alpha been as credible as you suggest, then they would surely have came to the conclusion of how potentionally robust the Tesoro is and would have offered simple economics to its clients/followers. Furthermore, you would not have SWF updating an aquisition file continuously to perhaps even last night that is endorsed by their terms, experts.

I also suggest that perhaps more attention be paid to how SWF,s work, this was revealed in my post hours ago, of how management is sometimes shuffled around and for the most part is kept intact as a working relationship between any SWF and the company is established. You are talking the biggest money vehicles in the world when you speak of SWF,s and as revealed in the "confidentiality" portion of an excerpt from that post, where it suggests immunity to any regulators and how there are chosen lawyers in place to deal with any regulatory issues that may slip out or arise. I have attached portion of the important post that reveals the real world and how it works below. I suggest every shareholder to carefully examine what is said in excerpts from the SWF site and how they handle aquisitions and this very important statement that appears to be up to date at this time although not confirmed yet "

"ST. ELIAS MINES RENEWED INTEREST...

Investment Directors and Fund Managers are reporting their 'increased' interest in an acquisition of St. Elias Mines at discounted terms which will be favourable to SWFs and state enterprises. This is up from the previous 'passive/neutral' levels.".

http://agoracom.com/ir/steliasmines/forums/discussion/topics/613497-seeking-alpha-st-elias-mines-and-swf-investments/messages/1923497#message

Then we go and read things like below, that are written on the newly found SWF Investment site. Caution, these things below may cause any tin hat doubters, to order tin hats for themselves right away, or perhaps just leave quietly? KEEP IN MIND THAT THE BELOW EXCERPTS ARE COMING FROM A RESOURCE WEBSITE THAT IS FOR THE GOVERNMENT SOVERIEGN WEALTH FUNDS. Please read carefully the kind of statements that are made and the brazen demeanor in which they are displayed. (I bolded and underlined the segments). Remember, SLI had an Aquisition Manual constructed upon it by SWF Investments. I believe #3 below about protection from regulators to a degree, may intrigue even the most skeptical of conspiracy theories.

1) "The Acquisition Manual consists of 20 parts and comprises of approximately 6,000 pages, it is written in concise and explicit terms which provide exactly the right level of information to each department within an interested company. The Acquisition Manual on a target company is arranged as separate volumes so that each management function within the predator company can acquire the precise information necessary for the formulation of forward strategic plans and attack campaign tactics."

2)

Competitor Controls

The REPORT ON COMPETITOR OPPOSITION, INTERDICTION + CONTROL is published for only one reason - to allow a reader to completely understand a specific target company and thereby enable one to tactically and strategically oppose, interdict and control that Competitor.

It is rare that one would simply wish to put a competitor out of business. In the long term it is usually better to control the competitor. To reduce the competitor's income and profitability and thus restrict their ability to develop products or markets; thereafter forcing that competitor into niche products and markets - being those that are most convenient to one's own company. To manoeuvre the competitor in respect of the costs, margins and pricing of their own products so that in effect the competitor becomes an ancillary operation (of one's own company) which is allowed to keep certain low profit or low volume customer sectors or markets. Thus one can cream off the most profitable markets and leave the less profitable ones to the competitor.

3)

Confidentiality

Because the corporate reports and databases provided by The Data Institute are often precursors to a take-over of a competitor or other corporate or competitive actions, we now provide a completely confidential service via a firm of commercial lawyers. The client purchases will be anonomous and will be protected by legal privilege, and thus the client remains absolutely confidential and safe from any regulatory jurisdictions. To access this service please send us an email at: confidential@acquisitionreport.com and we will arrange for you to be contacted by the commercial law firm concerned.

SWF Investments members have access to the

St. Elias Mines Acquisition News Blog which includes contributions from investment managers, analysts and institutional shareholders.

ST. ELIAS MINES RENEWED INTEREST...

Investment Directors and Fund Managers are reporting their 'increased' interest in an acquisition of St. Elias Mines at discounted terms which will be favourable to SWFs and state enterprises. This is up from the previous 'passive/neutral' levels.

NEW ST. ELIAS MINES ACQUISITION REPORT NOW AVAILABLE FOR DOWNLOADING...

The new (16th Edition) Acquisition Report on St. Elias Mines is now available for downloading on the secure portals available to subscribers.