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Eloro Resources Ltd ELRRF


Primary Symbol: T.ELO

Eloro Resources Ltd. is a Canada-based exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. It is focused on developing its potential Iska Iska silver-tin polymetallic property in the Potosi Department of southern Bolivia. The Iska Iska Porvenir Concession is a road accessible, royalty-free property that covers an area of 900 hectares located 48-kilometer (km) north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. It also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing over 89 square kilometers. La Victoria has infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150 m to 4,400 m above sea level.


TSX:ELO - Post by User

Comment by tbnorthstaron Jan 28, 2021 11:49am
158 Views
Post# 32409809

RE:RE:RE:RE:Anybody know margins?

RE:RE:RE:RE:Anybody know margins?
JohnPeru wrote: Impressive run on volume. Good for everyone involved!


That is very gracious of you JohnPeru. Stock has gone ballistic and there is bound to be pullbacks, even large pullbacks moving forward. 

I am no geologist, just a rank amateur investor but several models are showing the potential for 1 billion ounces plus of silver, not silver equivalent (that would equate to 4-5 bilion silver equivalent ounces). 

So there is my pump job for today, lots can always go wrong as this is still an exploration play in what must be considered a lower to mid tier mining jurisdiction.

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