St. Elias Mines

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in response to LocoGringo's message

Loco, here is some reading for you, it has become very clear to me that you should brush up on your DD.See if you can identify any parallels in this interview . Here is the Catherine Macleod Seltzer interview and an excerpt. Read the last sentence of this excerpt, and ask yourself; "is this possible with SLI right now?"

"So, we built the road and got the drill up there. Meanwhile, 30 major companies had also been there and taken their own samples and been able to walk in the hundreds of meters of underground workings we had put in. We drilled that first hole and, talk about the excitement of a discovery hole, the air was electric. That first hole had 88 meters of 8 grams from top to bottom. Then all our step-outs were 150 meters out, so we weren’t just drilling beside the old hole. The next hole was 44 meters of 14 grams. And this is all at surface, very leachable. Barrick had been there many times and I think they were impressed because first of all, it was David Lowell at the helm, who had a reputation that preceded him. On top of that, the board had Tony Petrina and Chet Idziszek, outstanding men of great reputation. And then the fact that they’d been on the ground and taken samples and seen the underground samples made them highly confident. Barrick actually had a model already and the nine holes confirmed their model."

http://www.caseyresearch.com/xl/catherine-mcleod-seltzers-induction-interview

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sculpin
City
Rank
President
Activity Points
56394
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Date Joined
08/09/2009
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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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