TSX:ELO - Post Discussion
Post by
likeike on Jul 31, 2021 9:19pm
elephant
exploration phase could be years with news arriving monthly.
2
@CaptainDuff Realistically, $ELO is not going to bring Iska Iska into production. It is going to drill off enough ground to prove up 100 million tons of economic rock and sell the project for a couple of billion dollars and a 2% net smelter royalty. (It should spin out the royalty company and my grandchildren will thank Tom.) What we have here is the eternal problem of, "Well, you have caught the elephant, now what the heck are you going to do with it?"
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