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
in response to ldsands's message

The G&S was also another paper, it also stated over 2.5 Million OZ based on a vein only calculation, with huge scaling.

He said we were basing calculations on 1% ?

Wow, that would even be bigger (exponentially bigger) than his Aug 17, 2011 prediction

Ya know how many grams per T are in a percent?

Well, if 1g/T is a PPM (part per million) then 1% is 10,000 g/T

If I recall we were saying at the time, we always used only 1 gram, so 1% would be dividing by 100, and then again by 100 which would give you 1 g/T, instead of the 1%

Then we always scaled that 1 gram, down to 0.3 grams.

Then we'd calculate, with the dimensions that were given, not taking into account, the Company saying it was open @ depth. As well, only the one anomally.

I guess all this is very hard to tell, or be proven right or wrong, with the limited drilling that has been done?

March 25, 2012 @ the Calgary presentation, well, we all know what was in the treasury then... lots!

Oh well, right or wrong, 91% of us, still remain very positive about the properties, but especially the "Tesoro"

Only one way to prove it!

Please login to post a reply
BOW2U
City
Rank
President
Activity Points
15190
Rating
Your Rating
Date Joined
06/25/2010
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