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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 hectares located 48-kilometer (km) north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. It also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing over 89 square kilometers. La Victoria has infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150 m to 4,400 m above sea level.


TSX:ELO - Post by User

Bullboard Posts
Post by JonEcashon Aug 31, 2006 6:42pm
263 Views
Post# 11303598

Patience, this will go.....

Patience, this will go.....This HAS TO EXPLODE. Using SEDI, I've calculated that from July 1 to August 25, insiders Larsen and Thomas (combined) have spent $226,270 to acquire 495,000 shares at an average price of $0.457. This doesn't include all that they accumulated at the higher share prices earlier in the year. And we closed at 48 cents? This is a steal at these prices.
Bullboard Posts