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Eloro Resources Ltd ELRRF


Primary Symbol: T.ELO

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 Goaweighon Mar 11, 2021 12:01pm
177 Views
Post# 32773034

RE:Waiting around for the bought deal to close

RE:Waiting around for the bought deal to closeThey should have a lot more holes into it by the time the PP closes but given the delays at the Lab will we get anything meaningful to sink our teeth into ?
I agree the stock should rise on closing, maybe to $ 4.50 ??? but without some numbers or a really bullish update maybe describing the core can it really get going ?
Wonder if they can ship material to labs in Mexico but maybe that gets ridiculously expensive.  


tbnorthstar wrote: We are going to hum and haw here within a twenty-thirty cent range share price wise while we wait for the bought deal to close March 26th. One observation, you could sell stock first thing in the morning over 4 dollars per share and buy it back ten to twenty cents cheaper a few hours later. Not that I am doing anything like that, as I would be actually making money on trades:)

What I think will happen in early April is an extremeyl positive news release comes out and the stock starts to move north accordingly. This one has all the earmarks of a big orebody full of goodies.


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