ELE 0.00% 6.9¢ elmore ltd

i am a little intrigued

  1. 12,787 Posts.
    lightbulb Created with Sketch. 106


    i have stayed well away from these types of stocks, but i was a little intrigued by this one, mostly because it is 10mill MC and, for arguments sake, has around half the supposed fantasy resource that the 130mill MC FDL has.

    so if it says tomorrow that samples confirm the size of it's target as 200 Mt, does that mean you lot are gonna buy it up to 50-60mill MC ? which presumably would mean around 15c?

    and if not, why not?

    i am still trying to wrap my head around how these crazy iron ore runs are logicalizized?????

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.