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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 > Almost a month since last set of drill results
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Post by megacopper on Feb 19, 2021 1:36pm

Almost a month since last set of drill results

I do believe Quinton Hennigh said we should be getting more drill results mid February from Eloro. Did I hear that right or was that one of his other ones. Hard to keep track with him involved with so many. Not sure how he finds all the time to advise so many companies. Anyways looking forward to the next batch of results. With two rigs drilling now that should speed things up. Investors/speculators get impatient rather fast with these high flyers without a fresh set of assay results to look at. But at least these boys have got the goods. Difficult to imagine ELO won't be worth at least $10 a share with all that metal in the ground. And that is being ultra conservative.
Comment by tbnorthstar on Feb 19, 2021 3:52pm
Stock is being played and driven down by ANON. Like clockwork, selling into the bid. If it is a shorter, he/she is going to get clobbered, if it is a seller, congrats if you are taking a profit. Stock should be materially higher in price in the not too distant future. Notice I wrote, should be, a myriad of things could happen to derail the upward movement....but I will take my chances going ...more  
Comment by megacopper on Feb 20, 2021 3:08pm
    The article below provides a couple possibilities of the large Anonymous seller last week. My only concern with this deposit would be the grade although I'm not familiar with these type of polymetallic deposits. The silver would be the most valuable. All of the metal together gives you $100 per ton rock and the potential is for absolutely huge tonnage approaching one ...more  
Comment by tbnorthstar on Feb 22, 2021 11:27am
Well, whomever is selling, it isn't a shorter/shorters, at least that is what the most recent short numbers are showing. News could be out this week. We will then see what Mr. Market thinks of Eloro:)
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