Pussycat, ELL has done very well. After the purchase of U leases ELL will have about 160,000,000 shares on issue. At the end of the last quarter cash was $649,000 so they will need at least several million dollars to fund exploration. At 20 cents say 3 million, will be 20,000,000 shares for a total of 180,000,000, valuation is $36,000,000. Getting a little rich... might be a pullback in sight and haggling over placement terms. Looks very interesting might sit and watch to see what happens.
ELL
ellendale resources nl
Pussycat, ELL has done very well. After the purchase of U leases...
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