Element79 Gold Corp C.ELEM

Alternate Symbol(s): ELMGF

Element79 Gold Corp. is a Canada-based mining company. The Company is focused on exploring and developing its high-grade gold and silver mine, the Lucero project, located in Arequipa, Peru. Lucero Project consists of approximately 10,805 hectares located in the Chila mountain range of Southern Peru, which contains several high-grade gold and silver mines. The Company’s 100% owned Clover property is situated on BLM administered lands in the Midas Mining District, approximately 15 kilometers southwest of the town of Midas, 68 kilometers northeast of Winnemucca and 240 kilometers northwest of Elko. The Clover property holds approximately 169 unpatented claims over 3,063 acres in Elko County, Nevada.

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Element79 Gold Corp > Completes Acquisition of Nevada Gold Portfolio

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Comment by BuenaSuertaAtodon Jan 13, 2022 9:08am

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Post# 34311949

RE:RE:Completes Acquisition of Nevada Gold Portfolio

Stocks2Go wrote: This is great news. Very good deal.

I

So good that the stock price moved up the following day, before resuming the drift downward. Was the share price as high as it was only because few if any retail investors had shares yet? Was there a "stock promotion" that combined with temporarily restricted share availablity resulted in a higher share price than the fundamentals would have justified? I don't know, but I would not buy until I did. Just a heads-up as it's been known to happen - I don't know if that's happening here.

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