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Bullboard - Stock Discussion Forum 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... see more

TSX:ELO - Post Discussion

Eloro Resources Ltd > Waiting around for the bought deal to close
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Post by tbnorthstar on Mar 11, 2021 11:05am

Waiting around for the bought deal to close

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.
Comment by Goaweigh on Mar 11, 2021 12:01pm
They 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 ...more