Eloro Resources Ltd T.ELO

Alternate Symbol(s): ELRRF

Metals & Mining Industrial Metals & Minerals

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.

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Eloro Resources Ltd > What am I missing here?

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Comment by flashcashon May 02, 2022 5:18am

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Post# 34646712

RE:What am I missing here?

RazorRamone777 wrote: No doubt this is a monster, so there must be some issue that I am not seeing. Is it the jurisdiction? Is the Bolivian government untrustworthy? Could they decide to give ELO the boot and keep it themselves, or perhaps hand it over to the Chinese? There has to be something going on or the S/P would be multiples higher. What is it?

Gold price and little PR is my guess.

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