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
in response to Two Dogs's message

with respect to my comment regarding control of SLI. Yes you are likely right that insiders HOLD around 5% of the shares although I cannot substantiate.

I was talking about control. In a venture like this the President and insiders must have tight reins over the stock and hopefully mitigate manipulation. by this I mean influnce (legal) on large institutional investors funds etc. There are the players who can move large blocks and move the SP substantially.

One thing I absolutely detest is shorting. Personally I think there is no reason for it and it should be banned. I believe shorting is largely responsible for the wild swings we encounter and significantly contributed to the crash of 2008 as well and the recent drop. Shorters can have a detrimental effecvt on what may be a very legitimate company....

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baddog
City
Rank
Treasurer
Activity Points
276
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Date Joined
10/17/2011
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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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