Eloro Resources Ltd T.ELO

Alternate Symbol(s): ELRRF

Metals & Mining Industrial Metals & Minerals

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.

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Eloro Resources Ltd

Bullboard Posts

Comment by Cartman666on Jan 31, 2007 3:27pm

183 Views

Post# 12134073

RE: Financing Cr@p!

I agree - a big buildup to nothing. Unless this is manipulation and they have more results to release right after the price drops. Once the market realizes it is just a financing, they may take their gain at this level and wait for a drop. Flow throughs are usually done at a 20% premium - so that would put the share price back at $.66 or so. I'll be buying on the dips.

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