St. Elias Mines

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in response to sculpin's message

Sculpin, thank you. You do have a way of bringing things to perspective. But my perspective has been blown!

Being new to investing, and overall a young dude (early 20's), I find it hard to imagine the magnitude of BOW's numbers. Let alone the new 43-101. The capital needed for a buyout blows me away. I previously pictured not one, but multple buyers for Tesoro. With the new report, and an absolutely comical amount of ore being reported (officialy might I add) I wonder how any transaction could be carried out. Think of the dollar value. Now think of where that money is coming from. I see gold being severely devalued when our "little" find is injected into the market. Again, I don't fully understand the markets. My question is this; how can this be feasible. I don't question that the gold is there, I question what this find will do to the global market.

Are things to good to be true?

I'm just thinking aloud.

Cheers,

R.A.

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ryeralyn
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09/13/2011
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St. Elias Mines
Symbol
SLI
Exchange
TSX-V
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130.4 M (FD) : Nov 29, 2011
Industry
Metals & Minerals
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