RE: Eloro does deal with NFX GoldWith this divestiture of non-core assets in Northeastern Ontario, and, the addition of several more key properties in the James bay region, it appears that Eloro's management want to be a "pure James Bay play".
This is mast likely a very smart move since that area of Quebec is still in its exploration infancy, and, companies which lock up strategic land positions, will be "sitting pretty" once the area heats up.
Eloro already has a strategically positioned property adjacent to Virginia's Poste Lemoyne property, which has a current defined resource of 100k ounces of gold....with litte drilling.There is fairly widespread belief that New Virginia will make their a Poste Lemoyne project a top priority in the coming months...thus triggering a whole new area play.I expect Eloro to drill their Lemoyne acreage as well during the current winter season, and make some noise.
Len