Eloro Resources Ltd

Published : June 05th, 2008

from Eloro Resources Ltd. and NFX Gold Inc. from Streetwise Report

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Dear Shareholders and Friends,
 
Louis Goluboff, Managing Director of Emerald Capital Investment International, highlighted
 
NFX Gold and Eloro Resources in a recent interview with Streetwise Reports. In the interview,
 
Mr. Goluboff talks about the influences and pressures weighing on the precious metals sector and
 
tells us why he thinks the juniors are a good play and comments on specific gold mining stocks.
 
Emerald Capital Investment International is newly launched financial consulting firm.
Its flagship
 
fund, The Emerald Explorer Fund, focuses on mining and exploration primarily in the Canadian
 
resources market.
 
I thought you would be interested in reading his comments which are provided below.
 
Regards,
 
Thomas Larsen
President
 
Mr. Goluboff's Comments:
TGR: Are there any other companies you especially like?

LG: Eloro Resources (ELO: TSX.V). We really like Eloro at these levels. They have a strong group of properties and claims and you get diversified exposure, since they have multiple holdings-copper, gold, and uranium projects. This gives you a bit more diversification than some of the other stories that are pure gold plays or base metal plays. The company has been getting encouraging results on the Hurdman Zinc-Silver project. Eloro is in mining friendly areas-Quebec and Ontario-and they've got strong management and technical people.

They're in the Otish Mountain Basin, and there's been some significant results coming from that area. It's very close to Strateco's uranium discovery, and similar to properties in the Athabasca Basin. They still have more work to do on that property, but certainly there's a lot of exploration going on there, and Cameco and Areva are both active in the area.

On the copper side, in the James Bay area, they have 19 properties.. They should have a resource calculation soon on some of their properties, and once you get to the resource calculation, then people have a better way to value the company.
 
To see the entire interview click here: http://www.theaureport.com/pub/na/1402Mr. Goluboff's
 
 
 
 
 
 
 
 
 
 
Comments:
TGR: Do you have any specific companies you could discuss for our readers?

LG: NFX Gold Inc. (NFX.V) is a perfect example of a junior exploration company in the gold sector that's really been hurt by the downturn in the junior equity markets. You can find a real upside in stocks like NFX. Their 52-week high was at $1.25, and they're down to $.45 today. The junior market revolves around finding potentially good deposits. NFX has a joint venture with Maximus at Larder Lake and their recent results point to a significant deposit three miles west of the old Kerr Addison Mine, which was an 11-million ounce producer. That's not their only potential. They do have joint ventures with other companies, but certainly this is their most interesting. They have a 40,000-meter drill program going on right now in the area in a previously significant gold camp. It's in northern Ontario-a mining-friendly district. Sometimes half the battle is getting drills on the property and good people. There are a lot of good people in Larder Lake and the surrounding areas.

TGR: Do they have drilling results?

LG: They just completed a drill program this past winter on Bear Lake and the early results have been very promising. As they continue to drill, they can then start to get a resource definition.

TGR: Is there a projected date for that?

LG: They will release the rest of their drill results and then they will be able to start drilling deeper. First you drill at surface, then you drill at depth, and then you prove your resources, probably by the end of the year.
 
To see the entire interview click here: http://www.theaureport.com/pub/na/1402
 
 
 

 

 

 

 

 

 

 

 

Eloro Resources Ltd.. | 55 Adelaide Stret East | Suite 410 | Toronto | ON | M5C 1K6 | Canada

Eloro Resources Ltd

EXPLORATION STAGE
CODE : ELO.V
ISIN : CA2899002018
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Eloro Res. is a gold and copper exploration company based in Canada.

Eloro Res. holds various exploration projects in Canada.

Its main exploration properties are HURDMAN, SIMKAR, JAMES BAY URANIUM, LEMOYNE NORTH and SUMMIT-GABBRE in Canada.

Eloro Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 111.1 millions as of today (US$ 88.8 millions, € 77.8 millions).

Its stock quote reached its highest recent level on March 26, 2010 at CA$ 8.80, and its lowest recent point on November 07, 2014 at CA$ 0.04.

Eloro Res. has 31 040 000 shares outstanding.

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Annual reports of Eloro Resources Ltd
Annual report 2007
Option Grants of Eloro Resources Ltd
4/1/2011Retains European Investor Relations Firm
Project news of Eloro Resources Ltd
5/30/2016Eloro Resources and Tartisan Resources Enter into Agreement ...
10/10/2013(Simkar)Announces Commencement of 8,000 Metre Drilling Program at Si...
3/21/2011(Simkar)Announces Completion of Acquisition of Simkar Gold Property ...
7/22/2008(James Bay Uranium)Initiates Second Drilling Campaign at the Delta Property; Ta...
7/16/2008(Charlevoix Property)Completes Acquisition of Strategic Hydrocarbon (Gas) Land Pa...
6/12/2008(Charlevoix Property)Signs Agreement to Acquire a Strategic Hydrocarbon (Gas) Lan...
5/5/2008(Hurdman)DEEP-EM SURVEY INITIATED ON ELORO'S HURDMAN ZINC-SILVER PROP...
1/22/2008(Lemoyne North)Drilling Commences on Gold Bearing Massive Sulphide Target a...
5/15/2007(Hurdman)Continues Intersecting Zinc-Silver-Gold at Hurdman Property,...
Corporate news of Eloro Resources Ltd
7/7/2016Eloro Resources Retains European Investor Relations Firm
6/10/2016Eloro Resources Commences Exploration on La Victoria Gold-Si...
6/3/2016Eloro Resources Announces Changes to Management
5/24/2016Eloro Resources Sells Royalty Interests in the Val d'Or Gold...
5/11/2016Eloro Resources Completes $400,000 Financing
5/9/2016Eloro Resources Announces $350,000 Financing
5/9/2016Eloro Resources Increases Financing to $400,000 and Closes F...
10/8/2015Eloro Extends Rufina East and West Mineralized Zones
8/28/2015Eloro Resources Announces Financing and Proposed Shares-for-...
8/12/2015Eloro Reports Assays from Rufina East New Mineralized Zone C...
3/30/2015DNI Metals Inc. and Great Lakes Graphite Provide Supply Agre...
3/23/2015DNI Metals Inc. Signs Graphite Supply Agreement with Great L...
3/2/2015Eloro Resources and Tartisan Resources Announce Sample Assay...
3/2/2015and Tartisan Resources Announce Sample Assay Results Contain...
2/27/2015Eloro Resources Grants Stock Options
2/19/2015Eloro Resources Completes Financing
2/5/2015Eloro Resources Announces Financing
1/29/2015Eloro Resources Grants Stock Options
1/26/2015Eloro Resources Closes Shares-for-Debt Transactions
12/19/2014Eloro Resources Announces Proposed Shares-For-Debt Transacti...
12/9/2014Eloro Reports on Discovery of Polymetallic Boulders by Visib...
9/30/2014Eloro Resources Announces Completion of Consolidation of Sha...
9/23/2014Eloro Resources Announces Consolidation of Its Shares
7/3/2014Eloro Resources Signs Definitive Agreement to Option La Vict...
6/6/2014Eloro Sells Remaining Interest in the Simkar Gold Project
10/17/2013(Simkar)d Mineral Resource Estimate at Simkar Gold Project
10/17/2013(Simkar)d Mineral Resource Estimate at Simkar Gold Project
9/23/2013(Simkar)Closes Transactions with Monarques Resources-Sells 50% Inter...
8/8/2013(Simkar)Enters Into Transactions With Monarques Resources-Agrees to ...
4/29/2011Appoints Director of Investor Relations
6/5/2008from Eloro Resources Ltd. and NFX Gold Inc. from Streetwise ...
4/9/2008Options Property to Fletcher Nickel
3/26/2008 Drills Significant Sulphide Mineralization at Delta Propert...
1/30/2008Options Otish Uranium Properties, Announces Sale of Addition...
12/7/2007Completes $3,000,000 Financing with MineralFields Group
11/14/2007 Announces Additional $1,000,000 Financing
11/12/2007 Announces Additional $3,000,000 Financing with MineralField...
11/2/2007COMMENCES DRILLING AT AMELIE LAKE
10/18/2007EXPANDS ITS URANIUM PROPERTY HOLDINGS IN THE OTISH MOUNTAINS...
10/11/2007Updates Delta Project
9/20/2007Retains AGORACOM to Provide Online Investor Relations and So...
7/5/2007Acquires Otish Uranium Properties Near Strateco's Matoush Di...
2/27/2007Completes $500,000 Financing with MineralFields Group
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