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

If she get her way now, she will really organize future events to eliminate existing shareholders potential. Here is how I see her next few actions and sequence of events:

1- She will complete the Havilah spinn-off.

2- Consolidate shares on a 1 for 3 or more shares

3- Do a PP for 50 -100 mill shares

This will give her complete control and more money to spend as she wishes.

I don't think going to court with this will lead far, as I don't think these people there are much on the ordinary shareholder's side.

Of course, this is just my opinion in a nutshell.

I realize that this is not a positive way of looking at it, but I just can't find any way to look at this investment (or should I say, depositing money into a black hole) in the slightest positive light.

Real888

Please login to post a reply
Real888
City
Guelph
Rank
Treasurer
Activity Points
1707
Rating
Your Rating
Date Joined
02/04/2011
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