Eloro Resources Ltd T.ELO

Not Much

[tdsb]

Out there in the resource sector and that includes exploration companies and producers are beating our developer company. I just can't imagine a price that this stock would go for on a takeover basis. CHEERS!

[tbnorthstar]

Still a long way away from any takeover action. They need to put out an MRE and then get cracking on a PEA before anyone looks at it in a serious manner. It will get bought at some point in the future and your guess is as good as mine on a price...

[tdsb]

Hi northstar, companies get taken out all the time sometimes another company just likes the land position a company has without any drilling having occurred. This company already has over 100 drill  intersections. They are at the stage where they will start infill drilling to prove up this resource. We know this property will become a mine. We are at $4.25 CDN,once the stock goes over $5

[tbnorthstar]

Only a handful of companies capable of buying and developing this. Marrone will help shepard any potential deal...

[tbnorthstar]

Still a long way away from any takeover action. They need to put out an MRE and then get cracking on a PEA before anyone looks at it in a serious manner. It will get bought at some point in the future and your guess is as good as mine on a price...