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Equity LifeStyle Properties Inc V.ELS


Primary Symbol: ELS

Equity LifeStyle Properties, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns a lifestyle-oriented properties consisting of property operations and home sales and rental operations within manufactured home (MH) and recreational vehicle (RV) communities and marinas. It operates through two segments: Property Operations and Home Sales and Rentals Operations. The Property Operations segment owns and operates land lease properties and the Home Sales. The Home Sales and Rentals Operations segment purchases, sells and leases homes at the Properties. The Company owns interest in a portfolio of approximately 451 properties located throughout the United States and Canada containing approximately 172,465 individual developed areas. These properties are located in 35 states and British Columbia, with approximately 110 properties with lake, river or ocean frontage and approximately 120 properties within 10 miles of the coastal United States.


NYSE:ELS - Post by User

Post by dwyomingon Jul 16, 2012 1:55pm
322 Views
Post# 20117896

Small PP closing soon

Small PP closing soon

The Private Placement to raise the funds for the tailings production should be closing soon. 

 

The tailings pile from the 1920s and 1930s still contains several ounces of silver per tonne and it is already finely milled, so some simple concrete leaching/flotation containers should help liberate those remaining silver ounces at low cost.  Much of the current PP will probably be used constructing the tailings processing plant.

 

I think we have more drill hole assays pending also, so that news should be coming yet this month also.  It is kinda the rainy season in the Sierra Madre, but I think some more drilling is also planned for the coming months.

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