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Element79 Gold Corp C.ELEM

Alternate Symbol(s):  ELMGF

Element79 Gold Corp. is a Canada-based mining company, which is focused on gold, silver and associated metals. Its focus is on developing its gold and silver mine, the Lucero project located in Arequipa, Peru, and its flagship Maverick Springs Project located in the gold mining district of northeastern Nevada, United States, between the Elko and White Pine Counties. The Maverick Springs Project consists of approximately 4,800 acres across 247 unpatented claims. The Maverick Springs Project also included a portfolio of 15 properties along the Battle Mountain trend in Nevada. The Dale Property consists of 90 unpatented mining claims located over 100 kilometers southwest of Timmins, Ontario. The Maverick Springs Project in the northeastern Nevada hosts an inferred resource of 1.37 MMoz Au and 278MMoz Ag with high potential for expansion. The Lucero project consists of 10,805 hectares located in the Shila range of southern Peru, which contains several historic high-grade gold-silver mines.


CSE:ELEM - Post by User

Post by GoldfingerU3O8on Nov 03, 2023 2:00pm
141 Views
Post# 35716219

what is the problem here?

what is the problem here?Hi guys, I see the potential of the properties, I see that the company ia actively working on them, etc. but the share price is at 1.5 Cent.
Somebody knows why?

I'm considering to buy in (have 0 shares so far) but I'm also cautious because I don't understand why the share price is so low considering the potential.
What do you think?
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