Eloro Resources (ELO; ELRRF)

This CEO interview took place on August 17, 2021.

This is the full CEO BBQ that I did with the CEO of Eloro Resources; Tom Larsen. We were also joined by Quinton Hennigh and Bill Pearson, who make up Eloro’s technical team.

I tried asking everything that stood out to me as a potential shareholder. I asked about the balance sheet position, the options & warrants overhang, the insider & institutional ownership, the Iska Iska project and its problems & risks (think Arsenic, tin, etc) and I even tried getting dr. Quinton Hennigh to help me figure out what a possible grade of the deposit might be.

We also compared Eloro’s Iska Iska project to the Sumitomo’s San Cristobal project and tried comparing the company’s strategy to South American Silver Corp’s strategy from about a decade ago.

We then moved on to cover some of the political risks for both Bolivia & Peru and I asked dr. Hennigh what his main concerns are with Eloro. One of the main concerns was raising capital, according to him. We closed off the conversation by talking about Eloro’s 3-year plan.

It’s important to understand that the company hasn’t even been following their plan for a full year, yet they have achieved a lot so far, regardless of the sour losers throwing stones at it. Of course, though, I am biased given that Eloro is a paying customer of my website.

TIMESTAMPS:
00:00 Important note
02:20 What/who is Eloro Resources?
04:50 Balance sheet position
07:40 Options & warrants
08:45 Insider ownership
11:20 Institutional ownership
15:10 Iska Iska highlights
16:40 Is Iska Iska worth $250M?
17:30 What is Iska Iska?
24:55 Why tin, why now?
31:50 Volume x Grade x Density
40:35 What grade does Eloro have?
43:35 Arsenic?
52:50 Sumitomo San Cristobal comparison
56:25 South American Silver Corp comparison
01:00:00 Social & community risk in Bolivia
01:06:00 Peru political risk
01:10:00 Eloro’s 3-year plan
01:18:10 Eloro’s main risks
01:24:00 Why do people throw stones?
01:26:00 Closing thoughts

Although this is NOT a sponsored presentation, I am to be considered biased, as I will own shares of the company mentioned in this video, or even own them already, if you’re watching this video a week after it’s been published. On top of that, Kuya Silver is a paying customer of my website. Please, do your own research and don’t blindly follow talking heads on the internet. We know nothing.