Elgin Mining Inc ELGMF

This could be the turn-around we've been waiting for

[profess]

I'm liking these latest drill results!

They continue to prove the extension of the resource and still remains open along strike. 

I'm no miner but didn't they also indicate that some of the gold veins extend up towards the surface making them open-pit accessable?  This could be a game-changer.

Now consider the perfect storm that appears to be brewing here for Elgin:  

1. A rising Gold price environment
2. Cost-cutting initiatives that have been and are being implemented that will significantly reduce per-oz costs.
3. Higher grade ore being processed from both open pit and underground, meaning record Gold production as evidenced by their Q4 numbers.
4. An expansion of the resource that is adjacent to active underground and open pit mines, as stated in yesterday's news release.

WoW!  Me thinks It's Time to load up on some more shares.  Could easily be a ten-bagger from these levels, and who knows? They may even get bought out.  

Keep your eyes on this one folks.