Replies to post #138 on St. Elias Mines Ltd (fka SELSF)

[conix]

Thanks for the response.

So we should get prepared for some more dilution. They have no real cash on hand, so if you think that the stock will go up once they start drilling, I would differ. They will be putting out more
shares.

I am just disappointed because the company has said for months that the permit approval would make the stock fly. But now we wait at lower prices than BEFORE the approvals.

[conix]

Mr. Hobbes. No reply yet?

Where's the meat? Glad I got out of 80% of my position when it ran. Took years for me tto learn--but when everyone is waiting for the BIG news, it also means there are few sellers. And the price goes up as people expect the BIG news. And you sell to them.

SELSF will be dead in the water until there is some other rumored BIG news. Do you know a rumor?

Please share.

[wshaw14]

Calvin, the pattern of posting suggests that maybe someone got out of the position and now wants back in at a lower PPS. Selsf is fine.

[wshaw14]

Calvin, you must realize while this is a good sign, trenching does not tell the whole story. I am with you on the good possibilities, but I think you can look back on "the other one" and see my point. I like selsf and think it will prove out big time with drilling, but anything else is insufficient. I have a position here and plan to hold it. I truly think it will prove out, but some may not.