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Bullboard - Stock Discussion Forum 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... see more

TSX:ELO - Post Discussion

Eloro Resources Ltd > Anybody know margins?
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Post by gpsairgoldteam on Jan 27, 2021 10:55pm

Anybody know margins?

I would like to know the margins though on the various elements present. Gold runs roughly 50-70 percent. What is it for this rock on average? How does processing everything together reduce cost? I would think its at least 50% overall or better returns. Still a behemoth in value here.
Comment by JohnPeru on Jan 27, 2021 11:43pm
There is no gold. 50% of the metal is Zn and Pb. Bear Creek's Corani project has been drilled off with a FS and still can't get it into production. And better grades! 
Comment by tbnorthstar on Jan 28, 2021 8:14am
Dude, you know not what you speak of. But thanks for your thoughts. Watch this train pull away from the station, or not. 
Comment by JohnPeru on Jan 28, 2021 11:25am
Impressive run on volume. Good for everyone involved!
Comment by tbnorthstar on Jan 28, 2021 11:49am
That is very gracious of you JohnPeru. Stock has gone ballistic and there is bound to be pullbacks, even large pullbacks moving forward.  I am no geologist, just a rank amateur investor but several models are showing the potential for 1 billion ounces plus of silver, not silver equivalent (that would equate to 4-5 bilion silver equivalent ounces).  So there is my pump job for today ...more  
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