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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

Comment by megacopperon Jan 30, 2021 8:26am
143 Views
Post# 32427656

RE:RE:RE:RE:RE:Quinton the magician

RE:RE:RE:RE:RE:Quinton the magician
tbnorthstar wrote:
gpsairgoldteam wrote: Agree on Pucamayo. One of my outsized holdings. I have moved a little of my Condor recently to buy Elorro. Condor is stuck due to Covid issues/ land access agreements, etc. Elorro will be a steady stream of news next 4-6 months. My gains on Elorro will be returned into more Condor stock. For those who want real gold/silver in the mix, condor has it in spades it appears.



Can understand how Condor shareholders could be frustrated here. Give it six to eight weeks and possibly better times will be just around the corner. In the meantime, boy, ELO has real mojo here and it is backed somewhat by fundamentals or at the very least potential for a massive discovery. Making predicitions on share price is a fools game but then again, I am a fool. Going higher but will be volatile to say the least. Won't put a dollar figure on it but boy...




Lots of great mineral plays getting attention these days. This discovery by ELO is remarkable. I almost jumped on it at $3.25 but didn't pull the trigger. Incredible mineral discovery but I wouldn't be able to give any insight on where the share price will end up with this one. They always have trouble breaking that $5 mark. But if one has a good chance of doing it I think ELO could be the one.

Short term my money is on ESK for the next couple weeks as that one looks ready to make a strong move upwards similar to that of ELO but hey that is just an educated guess but rumours of more great drill results coming very soon for ESK.  Nobody has a crystal ball with these things. Great time to be an investor in the mining sector. It almost has a Murray Pezim type feel to it these days. Fun times!!!
 

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