I think we all have been waiting, waiting for results, statements, personelle additions, anything to remotely show that St.Elias isn't going to crush itself into the ground. Having its share lower than it has been for quite a long time now is scary enough, but with have ***ed test results and investors and management resigning doesn't leave much to the imagination. A once heart felt dream stock with the "unlimited potential" becomes a very wary and disconcerning stock to be holding on to right now. With it being so low in fact that some have been deciding to hold on instead of cutting there losses, due to the fact that the they wouldn't get all that much for there equity in shares. Is it better to go down with a seemingly sinking ship or will St.Elias do something to revive the diminishing faith people hold for the company. The game plan lately seems the the new PR to investors has decided that instead of giving investors more frequent information that comes across as rushed and not well put together that press releases should be given in longer periods to perhaps calm down the anxiety and hysteria that surrounds their company. IMO the damage has already been done by the management, and the lack of relevant information to back up their claims has now caused a depletion in willing investors to support them. I believe that they need to produce anything that shows viable proof of positive findings from the tesoro property or they will find themselves unable to drill themselves of self dug junior exploration grave. I am still one of those debating on whether or not to cut my losses, but everyday I check the stock it keeps going down. It would be nice to even sell it all if it went to 1.7 again but I don't see that happening unless something dramatic happens. JMHO

Geo Radial Scanning

According to an anonymous share holder with a hefty investment inside the company, he took the time to take some very heavy precautions before backing out after listening to the conference call that was put out Saturday morning. What sounds like a four manned helicopter with a geologist and radial geo scanning expert were sent the the Tersoro Property. According to their findings the property, he reportedly says that the vastness of the property is self sustaining seventy-six times over. The anonymous shareholder left with a parting word, "I feel that we will see a huge downward spike Monday morning. Followed by myself buying a lot of shares, and a ground test report to verify the evidence I have mentioned. You do what you have to, but my investment is now officially locked in."

The Perfect Storm For A Company To Buy Gold?

  While it looks like the rumors and concerns that the shareholders have been having with St.Elias are possibly true, there is a bit of information that people who have been cashing out might not be aware. If you were to look at the gold market price right now, you would see it on the rise, a simply principle which is governed by supply and demand. Now in the form of economics we might be able to ask and suggest a few things:

1.     If a company were to sell an existing portion of itself, it would want to make the most profit it could on that transaction

2.     What would be the pivotal time to achieve those results

3.     In order to achieve those results what evidence must be proven

4.     Who would be able to purchase the company

5.     What is the length of time to affectively achieve all objectives

What shareholders might be thinking is that as speculation is on the rise, the incremental decrease of the stock has plummeted. In theory, the equation can be quite simple. St. Elias is a junior exploration company, junior meaning that it has not really had that big of a mining record of accomplishment yet. The “yet” should be emphasized in regards to the strong expectation for successful mining in a region of Peru, that has collaborative data in the geophysical form to back it up.  Conditions like the economic conditions right now prove as a stunning indicator for the possibility that lies ahead. In order to assume the stock is going to skyrocket back up, we would need to assume that the conditions to do so are going to be perfect and in the favor of the company, quite possibly in the form of releasing information on the results that have been gathering for the past couple of months. The evidence to support the perfect conditions in order to for it to occur is seemingly present. Gold unlike that of our paper currency always has value primarily because it is very rare and has many characteristics that are useful in aspects across the whole world. Billionaires and multi-millionaires know that value of gold in any situation will always come out on top. A brief look back in history and those that are unknowledgeable in the particular field will find themselves enlightened quite quickly about how and why even the act of possessing gold in its real form is one of the biggest advantages in our known world. St.Elias may have some questions to answer to if speculative rumors are true, however even if accusations are true is it not at a shareholders benefit to remain on the ship especially if that ship sinks upwards?

How much longer will St.Elias be stalled??

Rumors are starting to spread as the infamous Lori McClenahan gets attention with the media side of things while enjoying her reign of seemingly temporary fame. Yet current shareholders are beginning to wonder and beg the question " Is the current President of the St.Elias company stalling the progress of the company to benefit herself?". An initial ten thousand meter drill was announced after surface drilling and geological scans were already verifying the validity of the area. The drilling was initiated in the early part of October of 2011, but shortly before Christmas, another ten thousand meters was added onto the drilling process and another drill was being brought on site for still a very unknown reason. Now a total of twenty thousand meter drilling in underway before shareholders can even hope to see the company sold and receive a profit. Circling are rumors that the President has been sending workers home and stalling the drilling process, driving the price of the share down enough to have herself and family members buy into the company before she is willing to end this charade and finally sell the long awaited Tesoro Project. If the confirmation of these accusations are found to be true, it might be safe to say the additional investors and current investors might oust Lori from her presidency for playing a very dangerous and selfish game with a very new and not yet credibly managed junior exploration company. Money and greed can go hand in hand and many people are starting to wonder if Lori McClenahan is holding both? Will she finally sell St.Elias Peru or be ousted out of power before she sees her own company sell?

St. Elias Gold Mining in Peru

St.Elias for those of you that do not yet know, is a junior exploration company specified in the finding of gold throughout the world. Of recent their main find has been in Peru, where almost everyone knows is already a hot spot for gold findings for hundreds of years. St.Elias is in the process of trying to finish its last progressive stages in Peru as surface and deep core samples have proven to show that there is an abundance of gold. In fact an anomaly exists within the Tesoro region in which they are mining that seems to correlate a lot of evidence that a kilometer by kilometer section contains almost all gold. If this evidence holds true not only will they have a site with an already plentiful amount of gold, but will actually be home to the largest gold deposit ever found in the history of the Earth. Current share holders and investors are particularly excited about this site because of it probability to turn of a substantial amount of earnings for when the company sells itself to a large mining company, with companies such as Barrick Gold Corporations being hopefully kept in mind as it is the worlds largest gold producer.