Who cares what it is, if you believe ELM has fantastic prospects...

Who cares what it is, if you believe ELM has fantastic prospects as I do, then take the opportunity to buy some. At the rate these guys are going, there is no way the project's value will not increase steadily going forward. Whether you buy at $2.50, $2 or somewhere in between, it's all much the same in the big picture when you look at potential end-value taking into account the Maiden JORC, exploration target potential, low opex and capex, right sector etc etc.