St. Elias Mines

Welcome To the St. Elias Mines HUB On AGORACOM Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company
Link to Trades
over 12 years ago
5
in response to jon_doe's message

John Doe you said "Well there are 8 more drill results to be shown. As long as just one of them is taken from the direct center of that giant anomaly I am sure the stock price will shoot up to the moon!!!"

The drill hole locations have been published and the remaining holes to be released are not from in the giant anomaly.

You also said "They will hold that news back as long as possible, to give then more time to accumulate cheap shares. Remember: Shares are not just money, they are voting power and control."

Since insider activity is public knowledge, we know that insiders sold after the first round of drill results. We also know they haven't been buying. There was more insider selling today, I believe, but so far no buying.

While it may be possible that this is some grand scheme of managment's to release poor drill results in order to purposefully decimate the shareprice so that they can buy up every last share of St. Elias before releasing the greatest drill results the world has ever seen, the more likely explanation is that the drill program failed to discover a resource like 98% of the drill programs carried out by junior explorers.

Please login to post a reply
Crazy_Henderson
City
Rank
Treasurer
Activity Points
629
Rating
Your Rating
Date Joined
09/19/2007
Social Links
Private Message
St. Elias Mines
Symbol
SLI
Exchange
TSX-V
Shares
130.4 M (FD) : Nov 29, 2011
Industry
Metals & Minerals
Create a Post