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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 tbnorthstaron Jan 17, 2022 7:03pm
214 Views
Post# 34326485

RE:RE:RE:RE:Hi, tbnorthstar

RE:RE:RE:RE:Hi, tbnorthstar
toller1 wrote: I owned this once but made a little and moved on. I feel the deposit is huge but I'm just not comfortable with the Regime that controls the Country. How can you feel so confident that a sell will someday take place and you all will do well? Please, I welcome your response.



Well, toller1, I just can't tell you this is the safest juridiction in the world but other mining companies seem to make it work just fine. Just ask Sumitomo as an example, cranking out 300 million per year free cash of a somewhat similar deposit....

Lets see what they might say with their next news release 9 I think it comes this week0 but then again, I have been expecting news for a month now.
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