St. Elias Mines

Investor11, you raise a valid point which has been previously discussed, but I would like to bring it up again. You are right, there will always be political risk associated with SLI because Peru is a third-world Latin American country. Until the property sells, the political risk will always be present. The general concensus right now is that the political risk in Peru is low, and let's hope it stays that way. One of my worries has always been that if the Tesoro holds what we think it does, the Peruvian gov't may suddenly take a very keen interest. Remember the actions the Indonesian gov't (albeit extremely corrupt) took when Bre-X was supposed to be the biggest discovery ever. I don't want to scare anyone off either (especially myself!), but one must always keep an eye on the risks. Let's hope the Peruvian gov't continues to honor foreign investment in their country and they don't change the rules because of the size of the prize.