Developing the Kasala Project In The DRC
Latest assay results have confirmed that copper mineralization has a minimum strike length of approximately 800 metres and a width of approximately 250 metres
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Message: Any word on when the PP is closing?

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Re: Any word on when the PP is closing?

posted on May 27, 09 08:01AM

agreed, the drilling of Kasala is the most important element that ELN has going for it right now, my only concern is how much assays can increase price before the money drys up.

It says allot about the quality of Kasala that ELN could raise funds in this environment, but the burn rate when drilling scares me,e specially as the rise in Copper has not really impacted the price of El Nino as much as I would have liked, but I think that also has to do with the PP not being closed that is hanging over share price.

The market is severely discounting this project, which sucks now, but could be a huge boos for the investor that steps in now if success in the DRC is provided.



JMHO

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