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Electra Stone Ltd ELCGF

Electra Stone Ltd is junior mining company based in Canada. It specializes in the development and exploration of industrial minerals and dimensional stone. The company is in the process of mining the Apple Bay aluminum silicate quarry located on Vancouver Island near Port Hardy, British Columbia. Electra operates through two segments being the Mining and Exploration of industrial mineral properties.


GREY:ELCGF - Post by User

Comment by buystoneon Sep 10, 2018 1:43pm
56 Views
Post# 28591496

RE:RE:Unexpected SURPRISE!

RE:RE:Unexpected SURPRISE!
labrador6 wrote: 5km from SIC discovery.

If an halt resumption, maybe we will see big purchase volume and the SP will go up (as PIVT, NP, TAC, RST when they announced acquisition near Moosehead discovery).

But, the first question. It is another deal as our acquisition of the Mountain copper project (never receive the approval of the TSX)?

Second thing, the first step to be unhalt is to furnish our financial statements to the BCSC and the IROCC. 


ELT was halted on July 6th ? BCSC gave them 90 days to submit their financial statement where the due date shall be Oct. 5th which is a Friday. (no time to counting down this time but with blessing)
Right now ELT shall have a debt of 1.5M where 500,000 first nation in Coral Harbor, 500,000 owe to Vancouver downtown, another half million was the estimated expenses.
ELT probably has three lawsuit by those two debtors and formal CFO but all could be resolved by agreement, not a big deal.
Now we are all on the same boat, there is no reason for TSX not to approve the new projects, give our support to the new board of directors and the anonymous billionaire in the back to support ELT.
Cheers !



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