ELO on the moveWe've seen Eloro begin to move up steadily in volume and price during the past several days.This may suggest that the upcoming assays on the Hurdman will be good.Not much stock available up to $.50; moving beyond this price level should be easily achieveable in the coming days.
We will see the consumation of the Goldcorp-Virginia deal today, and, in the coming days a good deal of cash will become available for investors looking for the next Virginia....ELO, BFD, et al. should inherit some of this cash as investors look for the next play in the Quebec region.We may also see New Virginia announce the focus of its future exploration efforts...if Poste Lemoyne project in James Bay North is to be a priority for New Virginia, then Eloro's Lemoyne project will quickly grab the attention of investors.
In any event, Eloro should be close to announcing its drilling program for the Lemoyne project.
Stay tuned!!!
Len