Eloro Resources – Follow up on the 442 grams silver equivalent/tonne (Ag eq/t) over 166m channel sample
Quinton Hennigh, Technical Advisor at Eloro Resources (TSX.V:ELO – OTCQX:ELRRF) joins me to discuss the news released yesterday highlighting high grade sample and drill results from the Iska Iska Property, in Bolivia. The highlighted results include 442 g Ag eq/t (165 g Ag/t, 3.46% Pb and 0.46% Sn) over 166m including 1,092 g Ag eq/t (including 446 g Ag/t, 9.03% Pb and 1.16% Sn) over 56.19m.
Quinton and I discuss how these results expand on the knowledge and continued exploration plans at the Project. Please email me with any follow up questions for Quinton or the team at Eloro. My email is Fleck@kereport.com.
Bonzo, I just nibbled on some of Novo’s shares under 2 today—-please keep me from purchasing any more. The drop today was due to a new financing.
I bet it hits 1.70 tomorrow.
https://stockcharts.com/h-sc/ui?s=NSRPF&p=W&yr=3&mn=11&dy=0&id=p13291952259&a=627580757
I’m actually watching to see if Novo will continue to pull back tomorrow and the balance of this week to pick up some more shares. There was a massive over-reaction from retail today about this financing for doing the infill drilling at Beaton’s Creek for updating the mining plan, and I love buying when there is blood in the streets on fishing line sell-offs.
Great overview of these Eloror exploration results by Quinton. I haven’t heard him so fired up about the deeper meaning of exploration results in a long time. The Tin presence is quite interesting, as those tend to be seen at lower levels in a deposit, and they really may be onto a world-class Silver/Tin/Base Metals deposit in Bolivia.
It will be interesting to see where these recent channel samples lead the exploration team next, and I’m keenly interested to see the next set of drilling that they do.
Picked up a few of Eloro. QH’s forward thinking comments were pretty strong.
We really need to hear from Quinton on today’s Novo NR.
I suspect selloff in part due to CDN22 million dollar offering of shares to fund expanded exploration of Pilbara and continued expansion of Beaton’s Creek, the question being asked by some investors and skeptics is with so much cash in bank and free cash being generated by Beaton’s Creek, how come the need to raise more for exploration? I must say, as a shareholder, it is a bit irritating this news.
How many crypto currency coins are used in the average solar panel ? Just wondering.
Yes David, that is a good question to mull over for the crypto kiddies. 🙂
A better question for Eloro and other Ag companies is how much Silver is used in solar panels?
The better question is the point. CNBC going crazy today pumping cryptos.
With China’s War on Cash Unfolding, People Will Be Flocking to This Asset: Brian Tycangco
Stansberry Research – (04/14/2021)
“Just like its economy, the Chinese Yuan is going completely digital— and that’s not a hypothetical, says Brian Tycangco, Stansberry Research editor for True Wealth Opportunities: China.”
“Since 2014, China’s central bank has been developing its digital version of the yuan called the Digital Currency Electronic Payment (“DCEP”). “Its goal is to function exactly like cash, even when there’s no internet connection. And just like paper currency, it’s completely centralized and controlled by the central bank,” he tells our Daniela Cambone. “But once the digital yuan is launched, it gives the government too much power over every aspect of a person’s life”— which, says Tycangco, will lead people to turn to gold.”
Ask Quinton about the 40 cent drop in Novo today.