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Bullboard - Stock Discussion Forum 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... see more

TSX:ELO - Post Discussion

Eloro Resources Ltd > CHART pattern..........."Breakout" closing price !!
View:
Post by gamer007 on Feb 12, 2021 4:41pm

CHART pattern..........."Breakout" closing price !!

Technically this phase of consolidation between 4.50 and 5.40 seems to run it's course........

Last two days of lower volume and all time high close today suggests the price should be higher next week...........

Slow Stochastics have been over 80 for over a week, and suggest momentum is imbedded for the time being.............

A constructive news release next week would act as a good technical tailwind !

One of the few "great"  looking charts out there during this precious metal weakness period

A friend geologist of mine said that the size of this volcanic dicovery is a "once in a lifetime" experience for any toiling geologist..............Dr. ARCE has earned his stripes ....in spades ....is what he said !

.......an we're just riding  on his coat tails  !   Enjoy !      Gamer
Comment by tbnorthstar on Feb 12, 2021 6:25pm
Shecould be a real hot rod in the coming weeks and definitely has a shot at something special. They are stoked:)
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