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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 > Totally a Sleep at night stock !
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Post by gamer007 on Feb 03, 2021 10:51pm

Totally a Sleep at night stock !

Perspective if everything...........

1)  .Regarding ELO............We know the SBP is mineralized to a depths of 450 meters.............hole 15 was horizontal..........commercially heavy mineralization for 230 meters........hole did not completely go through the pipe........pipe is 500 m wide.............

By formula provided by the Hedgeless Horseman, this pipe already has an inferred 500 million ag eqiv. ounces as a reasonable conceptual footprint.......without going deeper !

2) Hole #2, diagonally pierced 320 meters of MBP with last 5 meters of the hole ending with massive sulfides...................QH makes reference to the fact that this pipe is seriously mineralized as it ended in MASSIVE sulfides..............this is code for pleasant comercial grade polymetalic rock............usually of a high grade nature !  Hence his confidence !

The massive sulfide as shown in the core box is very dark grey material with no other rock clasps like in the photo ot the SBBP..............this is where the upcoming  fluids blasted the other loose rock out of the way and cooled as one huge concentrated  pool of metals !

And ......CBP encounter was also down 450 meters !

This is one of the few times in my trading history..............that I am willing to just sit back and wait for ELO boys under command of DR. Arce..........pound 14,000 metere of holes into these pipes........

.....maybe in the end we all get a nice fat check from Rio Tinto !!!!!!!

Again, a totally sleep at night stock  !!!!!

GLTA
Comment by gpsairgoldteam on Feb 04, 2021 3:08am
QH said in one of the many interviews he's done, that the Porphery is maybe 200-300 meters below the current hole. Somthing about pathfinder elements you would see just above a porphery. QH keeps refering to it as the "Mothership". He's using the word "Godzilla" to describe the project too. I think ELO is going to be huge from just the Breccia Pipes alone. But hitting ...more  
Comment by tbnorthstar on Feb 04, 2021 8:30am
There is potential for the numbers to add up real fast. I am sure you will see another rig or two in the coming month or so. Market cap is still relatively low compared to the immense number of ounces to be discovered...and lets just cut to the chase, the silver equivalent could be in the multi billions of ounces and the silver alone could be a billion ounces. Any serious pull back here should be ...more  
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