Eloro Resources Ltd T.ELO

Elo halted? Eloro Resources Ltd

[scartoon]

Hi friends! Does anyone have any info on why ELO.V is halted? I just noticed now. Thank you!

[tbnorthstar]

Sorry, nothing specific here. Most likely scenario is some type of update on assays but there is a lot going on in the background from what I understand.

[tbnorthstar]

And most likely number two is an old fashioned money raise. If so, check the register to see who is taking down the paper. Might very well be names investors know. 

[tbnorthstar]

When I see a money raise at those levels, it makes my blood boil. 

[MASCAR2]

I'm ok with it, that's a pretty good chunk of money to get the drilling needed here, hell the stock was at $2 a couple months ago. 

[megacopper]

Yeah I thought the financing was set at too low a price for what these guys have given the low market cap and the great drill results. The market sold off on the last bit of news which wasn't bad just didn't live up to the monster 257 meter hole. Oh well at least they got the cash to keep drilling. You have got to take the money when you can get it. ELO should end up being a big winner in

[tbnorthstar]

This was a sweeheart deal to get certain individuals into the stock with favorable terms. Yes, they are cashed up here to poke holes with the two drills. Now, lets see what they are coming up with. The clock is running.