St. Elias Mines

Yes, I think it has been adhered to, in the sense that this is a gray area. If management considered nothing was material, they didn,t have to release anything. Its on managements discretion if things are material, even though we think they are material, managements decision rules.

They can set on assays, however, the responsibilities and accountability to shareholders can be questioned. Maybe even more so in our case, whereas retail owns most of the float. Murry has kept us up to date as far as he could, but as of late, he was not getting updates.

The Vilcoro 100% ownership was material to me, but management can say they only paid $500 for it, then it is most likely considered inmaterial. See what I am saying? Its a gray area.

There are no laws broken here, only lots of unanswered questions.