Post by
tbnorthstar on Jan 26, 2021 7:39am
Wow!!!! 129 grams of silver equivalent over 257 meters!
129 grams of silver equivalent over 257 meters.! That is big league. Definitely world class potential.
https://stockhouse.com/news/press-releases/2021/01/26/eloro-resources-intersects-129-6-grams-silver-equivalent-per-tonne-over-257-5m
Comment by
JohnPeru on Jan 27, 2021 7:15pm
They actually hit 30 g/t Ag. They added all the other elements and added up the value and bingo! 129 g/t Ag. Less than 25% was actual silver. Misleading.
Comment by
tbnorthstar on Jan 27, 2021 8:03pm
You need to do some homework on polmetallic orebodies....sell it, short it, don't buy it, but whatever you do keep watching it. Potential world class discovery....come back after hole #2 is released and we will chat again.
Comment by
JohnPeru on Jan 27, 2021 9:04pm
There is more Zinc than silver. 130 g/t Ag equivalent is 4 oz or $104 rock. 38% of the value is Zinc and 12% is lead. 25% Silver. There is no significant copper and no gold. So I pass on this stock. Good for everyone who has stock. Zinc stocks like Tinka look better in the Zinc space and Fireweed in Canada.
Comment by
tbnorthstar on Jan 27, 2021 10:10pm
Fair enough, play your zinc stocks.
Comment by
JohnPeru on Jan 27, 2021 11:39pm
I don't like Zinc. Eloro is more of Zn stock than silver according to the assays