St. Elias Mines

Scupin,

You are totally correct in that the LIBOR scandal has certainly done damage to people in that interest rates were, like the price of gold and silver (IMO), manipulated.

However, this had nothing to do with the fall in the SP of St Elias, which was down to being overhyped and them management underdelivered, again that is IMO.

Add to the mix large management selling, which does not inspire confidence, several directors leaving or being fired, and you have the recipe for a rapidly falling shareprice, which is exactly what occurred.

I expect the SP to fall further yet, we shall see.......

GLTA