St. Elias Mines

I agree Goldenboy. Now we all must decide what our definition of "Low Ball Offer" is??

I know what mine is!

We've posted potential share price, takeout examples, etc, but still you get so many thinking $20 or $30 would be so nice to see, and no doubt, it would be nice to see, and possibly a good place to take a little off the table, but IMO, that's it.

Recap of potential share price, and remember this is all at 1 gram per T (even though we averaged 29 g/T) & $150 per OZ gold in the ground (even though the average takeout price was very close to $800 per OZ) & scaled by 68% !!

Zona Central = $133 per share

Zona Sur = $25 per share (this number was not scaled)

East side of Tesoro = not accounted for

C1 Vein = not accounted for

Zona Incognito = not accounted for

12000 acres extra land claims (surrounding the Tesoro Property) = not accounted for

Cueva Blanca = not accounted for

Vilcoro = not accounted for

BC properties = not accounted for

So, what is your definition of Low Ball Offer?