Re: No reply from Lori
in response to
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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
Message: Re: No reply from Lori
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Beyondhelp,
These are the questions asked in the email I sent. This email was sent to a gmail address that I am assured belongs to Lori, and appeared genuine.
To date there has been no reply, and no send reject response, so I conclude that it has arrived becasue it has not been returned with a delivery failure.
The tone was friendly and conciliatory throughout.
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Lori,
As a shareholder I would like to know:
- Is St. Elias Mines still a registered company?
- If yes:
- The current financial state of the company
- Any negative working capital amounts, and to whom is that money owed?
- A list of current licences held, and their standing.
- A list of licences divested, when, and to whom, and at what price?
- List any other assets held, and their current value.
- List any subsidiaries owned
Vision
We then need to know your vision for moving forward and creating shareholder value.
I would also like to know:
- Will it be possible to finance and resume operations?
- if yes:
- The next proposed steps project wise. (I.E. Re-drill Tesoro? Or acquire a new project?
- How much money needs to be raised initially?
- Will any money raised be utilized to pay off existng debts? If so, how much, and to whom?
- What else will the money be used for? ( I.E. Drilling? buying a project?)
- What percentage of money raised will be put into the ground?
- How many shares do you propose to issue, and to whom?
- At what price will these shares be issued?
- Will management convert debt owed to themselves to equity, and if so, at what price?
- Will new directors be appointed or elected?
- What percentage of funds will be used in promotional efforts including travel?
Answering these questions may enable a bridge to be built, otherwise it's hard to see how the current impasse can ever be resolved.
Best regards,
SLI shareholder.
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