TSX:SRU.UN - Post by User
Post by
digitson Nov 20, 2005 3:53pm
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Post# 9895823
Just for Franix
Just for FranixSt. Elias to take action against Stockhouse posters
2005-10-13 09:48 ET - News Release
Ms. Lori McClenahan reports
ST. ELIAS RETAINS LEGAL COUNSEL TO ADDRESS DEFAMATORY COMMENTS
St. Elias Mines Ltd. confirms that, due to repeated defamatory comments concerning the company and its president, Lori McClenahan, posted on the Stockhouse forum chat lines prompting serious concern from the company's long-time investors, the company has retained counsel to begin taking appropriate action against certain parties who post malicious and inaccurate information deemed to be damaging to the company's reputation.
The company believes that the Internet is one of the most powerful tools for communication ever invented. Posting defamatory comments on a widely read Internet bulletin board must be considered in the same light as publishing them in any other way because the accusations are available to a potentially broad and worldwide audience. For example, statements transmitted and published over Stockhouse about particular companies are accessible by millions of individuals including investors and potential investors.
While management believes in focusing its efforts on advancing the company and its projects, it is management's responsibility to address defamatory comments when they cause interference and/or damage to the company.