ELE 0.00% 0.5¢ elmore ltd

re: Ann: QLD Thermal Coal 6.6-18.7 Bt Explora... GoldexplorerI...

  1. 193 Posts.
    re: Ann: QLD Thermal Coal 6.6-18.7 Bt Explora... Goldexplorer

    I appreciate your optimism but caution you to have a look at the history of this company. Ie, to temper your enthusiasm.

    The Indian tenements are rubbish. The benefication plant is a good idea but only came about because of the disastrous exploration results from the first two tenements; and also will still require funding to build.

    The Qld tenements are interesting save for the caveats that it is thermal not coking coal; carbon tax and coal becoming more and more politically incorrect; and will require lots of moolah to get things started.

    Best of luck with your holding - however your posts seem to be very much blue sky when it is in fact quite cloudy...
 
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