EDM 0.00% 0.1¢ eldore mining corporation limited

what we have

  1. 4,287 Posts.
    Hi all

    while I continue to write to myself I am reminded of what we have and why it is so cheap. The news flow over coming weeks and months is as such:

    Shareholder approval for mine purchase

    MINE PURCHASE, yes that is correct. A mine with copper, gold and silver and the deeper we go rare earths

    Tailings of 4.4 mil tonnes

    Production within 90 days of purchase lets say approval next week or two. Deal finalised around may/june. We should be mining around sept/oct

    Mining will begin before upgraded jorc - plans for twenty or more year mine life

    Funding agreements to be sorted next couple of weeks via debt, offtake or equity

    Bakina Faso drilling this quarter

    Mt Hagen scheduled to drill this quarter

    Ausquest to start drilling wyo well (nickel in west oz) this quarter as per my reading of jv commitments


    IMHO this is way to cheap but as always dyor 1.3cps???

    PG
 
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