St. Elias Mines

Welcome To the 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
Re: Stock Value
about 13 years ago
3
in response to Rinky's message

I'd agree with the idea that a buyout doesn't haven't to be an all-cash deal. Warrants and options aside, for a resource of this magnitude, net smelter royalties are a way to keep investors in the game. NSR is also a bit of insurance against a situation like Aurelian investors saw (I don't know the whole story there, just what's been circulating post-Kinross http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=61653&sn=Detail) - where the initial resource estimates - as good as they were - may have actually been low.

Like others have said before - it's certainly a nice problem to have.

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kcherpj1
City
Regina
Rank
Mail Room
Activity Points
173
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Date Joined
04/05/2011
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St. Elias Mines
Symbol
SLI
Exchange
TSX-V
Shares
130.4 M (FD) : Nov 29, 2011
Industry
Metals & Minerals
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