ELO is in no mans land now. The speculation crowd that fuels price rises when drill results are coming out and dreams of how big the deposit may be are gone. The long term big money investors will wait until mining operations are ongoing. Unless they expand the resource with new drilling in the indicated area from the last release there is not a lot of exciting news on the horizon and therefore not a lot of news results to move the stock. Its a long slow grind from here. And I say that as someone that thinks ELO is enormously undervalued. Metallurgy shows profitable smelter process and the amount of ounces of silver and tons of other metals shown by the company in their presentation would indicate there is a big mismatch between the company value and the stock price. But the question, as always, is how long until the stock price reflects the implied value?
Market got confused with El oro. Sheer size is fantastic but confusing. Polymetalic NSR grade report confused the market. Wide spaced drill holes led resources model to degrade rich ness of silver ore, and is confusing to explain.
Potential tin porphyry confuses, Tin under appreciated. Side project Mina Caseritas
Also distracting and confusing.
But such confusion and myopia are opportunity to make money while market snoozes ;-$
Tom has a nearly impossible job. There are at least two world class deposits at Iska Iska. Now there seems to be a third. Telling the story is incredibly tough. It is confusing.
My sense is that it will come into focus over the next year. I am pretty certain a JV partner or strategic investor is on the horizon. Once that happens, the market will pay attention. Right now, I am searching my couch for a few dollars to turn into a few hundred dollars.
Also in thinking about El Oro one should factor in the extensive land package in Bolivia that El Oro. Perhaps Oswaldo had a hand in picking these leases?...!.
Hi Jay; I did find it interesting and a lot of confidence in El Oro, that Cartier Silver invested some of their precious capital in El Oro shares. For Tom to do that as fiduciary for Cartier speaks to confidence. The market pricing error may actually be a gift to act on., George
ELO is in no mans land now. The speculation crowd that fuels price rises when drill results are coming out and dreams of how big the deposit may be are gone. The long term big money investors will wait until mining operations are ongoing. Unless they expand the resource with new drilling in the indicated area from the last release there is not a lot of exciting news on the horizon and therefore not a lot of news results to move the stock. Its a long slow grind from here. And I say that as someone that thinks ELO is enormously undervalued. Metallurgy shows profitable smelter process and the amount of ounces of silver and tons of other metals shown by the company in their presentation would indicate there is a big mismatch between the company value and the stock price. But the question, as always, is how long until the stock price reflects the implied value?
Market got confused with El oro. Sheer size is fantastic but confusing. Polymetalic NSR grade report confused the market. Wide spaced drill holes led resources model to degrade rich ness of silver ore, and is confusing to explain.
Potential tin porphyry confuses, Tin under appreciated. Side project Mina Caseritas
Also distracting and confusing.
But such confusion and myopia are opportunity to make money while market snoozes ;-$
Tom has a nearly impossible job. There are at least two world class deposits at Iska Iska. Now there seems to be a third. Telling the story is incredibly tough. It is confusing.
My sense is that it will come into focus over the next year. I am pretty certain a JV partner or strategic investor is on the horizon. Once that happens, the market will pay attention. Right now, I am searching my couch for a few dollars to turn into a few hundred dollars.
Also in thinking about El Oro one should factor in the extensive land package in Bolivia that El Oro. Perhaps Oswaldo had a hand in picking these leases?...!.
Hi Jay; I did find it interesting and a lot of confidence in El Oro, that Cartier Silver invested some of their precious capital in El Oro shares. For Tom to do that as fiduciary for Cartier speaks to confidence. The market pricing error may actually be a gift to act on., George