A month ago I wrote about Eloro’ (ELO.V) Iska Iska silver tin project in Bolivia. Bob Moriarty at 321Gold.com was kind enough to link the piece and I had insane traffic for a couple of days. Now Bob has written about Iska Iska.
LOL...CEOs will talk up their project, that's their job. But they will also answer questions. My favourite being, "What's the metallurgy looking like?"
For real fun, call Nicole Brewster at Renforth. She can be very critical on certain aspects of her projects.
Please keep commenting. Getting this wee substack off the ground is step one, step two is having smart people say smart things, (step three will be doing a podcast weekly with other junior resource obsessed people. Lining that up now.)
Looking for "insider knowledge", peak behind the curtains. Mining is fraught with bad actors. Im more
of a speculator. Over the last 6 years I learned a bit about mining company dodgy ways and grey art. Why do people love mining stocks? I think the real answer is they are penny companies, and slot machines for a penny are affordable :) My pessimistic view.
Bob is a good guy, but he also said this of Novo that the nuggets are so big
and flaky that it presented a problem of resource valuation and that what Bob would do is mine that land and let the flakes speak for themselves. Yet, NVO has not done well and looks like a regular mining firm if I simply
look at news released. They all-mining executives-say the same dang thing. Wr shall see what of ELO. The best advise I never took was from a lowly looking gentleman on VRIC floor in 2017. All he said to me was buy Silvercrest. I regret not listening to his honest statement to me in private.
Question: what are the chances ELO will be T.SIL (SilverCrest Metals) did from 2016 to 2020?
It's a good point. Novo is a longshot at this stage and a lot depends on whether Quentin is right on the overall geology.
My own sense with ELO is that it is a very different animal. It is conventionally drillable and a real 43-101 Resource Estimate should be forthcoming. But what people don't quite get is just how big the deposit is likely to be. A billion tons of economic rock is not out of the question.
And, Iska Iska may actually be two giant mines: silver on top, tin underground.
Call ☎️ CEO lol They will obviously never say anything bad, negative...
LOL...CEOs will talk up their project, that's their job. But they will also answer questions. My favourite being, "What's the metallurgy looking like?"
For real fun, call Nicole Brewster at Renforth. She can be very critical on certain aspects of her projects.
ty
My pleasure.
Please keep commenting. Getting this wee substack off the ground is step one, step two is having smart people say smart things, (step three will be doing a podcast weekly with other junior resource obsessed people. Lining that up now.)
Looking for "insider knowledge", peak behind the curtains. Mining is fraught with bad actors. Im more
of a speculator. Over the last 6 years I learned a bit about mining company dodgy ways and grey art. Why do people love mining stocks? I think the real answer is they are penny companies, and slot machines for a penny are affordable :) My pessimistic view.
Bob is a good guy, but he also said this of Novo that the nuggets are so big
and flaky that it presented a problem of resource valuation and that what Bob would do is mine that land and let the flakes speak for themselves. Yet, NVO has not done well and looks like a regular mining firm if I simply
look at news released. They all-mining executives-say the same dang thing. Wr shall see what of ELO. The best advise I never took was from a lowly looking gentleman on VRIC floor in 2017. All he said to me was buy Silvercrest. I regret not listening to his honest statement to me in private.
Question: what are the chances ELO will be T.SIL (SilverCrest Metals) did from 2016 to 2020?
It's a good point. Novo is a longshot at this stage and a lot depends on whether Quentin is right on the overall geology.
My own sense with ELO is that it is a very different animal. It is conventionally drillable and a real 43-101 Resource Estimate should be forthcoming. But what people don't quite get is just how big the deposit is likely to be. A billion tons of economic rock is not out of the question.
And, Iska Iska may actually be two giant mines: silver on top, tin underground.