John Rubino's Substack

John Rubino's Substack

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John Rubino's Substack
Junior Miners: Eloro Resources’ Phase Change
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Junior Miners: Eloro Resources’ Phase Change

Big news coming very soon

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John Rubino
Feb 04, 2023
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John Rubino's Substack
John Rubino's Substack
Junior Miners: Eloro Resources’ Phase Change
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Think of a mining company’s life as a step function. It starts out as a handful of guys with a piece of land that a geologist told them might contain rocks worth digging up. They raise some money through a modest IPO, hire one or two drills, and start poking holes in the ground.

Some of the drill results turn out to be impressive. And boom, the stock spi…

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