St. Elias Mines

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in response to Solid Gold's message

Good point Solid Gold, but no, it should not effect us at all. This is the last updated numbers from the homepage. These options, should be included in the Fully Diluted portion:

Structure

Shares Issued: 115,641,355
(Nov. 29, 2011)

Fully Diluted: 130,410,533
(Nov. 29, 2011)

Also, just a misc item, I see comments on both boards the way they announced the results. Grams/T & PPM. I will only post it here, cause I'll get chewed up & spit out over there. But, hopefully someone will cut & paste it over there, because I see some different numbers, that are not quite accurate.

There is NO difference.

1gram/T = 1g/1000g/KG X 1000KG/T

1gram/1,000,000gram OR 1 part per million

So, 1gram/T = 1PPM

To take it further, 1PPM = 1000PPB

So, the drill NR only showed 1g/T and above. Same as 1PPM, or 1000PPB

Sure wish we could see those same results with a 0.3g/T cutoff, instead of 1g/T

I'll say once again, the math we've always done on the anomaly (I realize it's speculative & our opinion) but after all the scaling, we were not looking for 1g/T, it worked out to 0.3g/T, or 0.3PPM, or 300PPB over the entire volume. And you all remember how many OZ that gave you!

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St. Elias Mines
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TSX-V
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130.4 M (FD) : Nov 29, 2011
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