EDM 0.00% 0.1¢ eldore mining corporation limited

great acquisition, page-17

  1. 6,481 Posts.
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    IMO,

    Burkina Faso project(40%)JV PDI,justifies current MC.

    copper project could easily add 5-6c to the share price within 3-4months.

    once they JORC the copper resource with the planned 5000m RC program who knows perhaps 10c could be on the cards?

    on top of that the tailings stock pile(4.4mt),which could be ready for processing as soon as the plant is recommisioned.

    with $3.3mill on hand and project financing from off take contracts.the only question is how much money is required for refurbishment of plant and the 5000m RC program?

    IMO,this has the ingredients for a LT money maker and im glad i have entered at the basement!;)
 
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