St. Elias Mines

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Re: No buyer anytime soon

St. Elias Mines

over 12 years ago

in response to grumpy01's message

True in tradition thinking patterns and prices, but I know in all markets when prices are stronger there is anatural tendency to speculate more. There no reason for the mining companies not to take a little more risk when GOLD is 1788,00 per ounce. The conpetition is significantly more fierce in today's economy then when it was 300.00 er ounce.

This is a unique play and therefore I belive ther will be many surprises that traditional thinking won't comprehend.

Just an opinion. The timesthey are a changin!