St. Elias Mines

These are projections and in the past projections were fully acceptable, most notably the Blue Chip stocks. The problem with projections and forward earnings, are that they are speculation and allows for a manipulation to occur in favour of traders. I would not even mention the little stocks, its where the Blue Chips are the most dangerous by functioning upon futuristic projections where Pension Plans and most RSP,s of common people lie. This is why your pensions for years have not amounted to what they should have been, the cream is constantly taken from retirement savings by manipulation of the markets on a grand scale.

So in reality, the big money is lost in the Majors, not the juniors, and it was devised to work that way, to allow for the rich to cream the system constantly.

I have no comment on the actual project in the post and am not interesting in researching anything to do with it.