St. Elias Mines

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Re: Years
over 12 years ago
12
in response to nomadcanada1's message

Nomadcanada1, I didn't mean to insinuate that drilling started in 2005, but rather my intent was to point out that mineral exploration is a long tedious process that takes way longer than anyone imagines it will, as exemplified by the number of ounces that have been proven up on Tesoro since 2005 bulk sampling program.

My point is that it appears some people have expectations that this property will be sold quickly (some appear to believe it is happening behind the scenes right now). And although anything is possible, most likely this will go the way of 99.99% of all junior explorers and take years to prove up and may or may not sell to a major. If SLI can pull consistent drill cores that show economic grade over long intervals over a decent strike length, all bets are off, but the first glimse we've had at SLI's drill core is unfortunately pointing to a long slow road ahead.

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Crazy_Henderson
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09/19/2007
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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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