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Eloro Resources Ltd T.ELO

Alternate Symbol(s):  ELRRF

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 Mar 02, 2022 2:25pm
186 Views
Post# 34476007

RE:Shaping up to be a HUGE deposit

RE:Shaping up to be a HUGE deposit
goldstd69 wrote: and the stock is just getting recognized...a buyout is coming or a big investment?..jmho



Probably no buyout in 2022 but there will certainly be a capital raise in the next few months, most likely taken down by a couple of houses but there is a chance they bring in a big strategic investor as well. Tom will do something interesting fairly soon. Think he wants the pp at highe share price and will be releasing a fair amount of news in the next few months to enable that to happen. 
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