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Re: ValueInvestorOTC post# 23716

Friday, 11/06/2020 8:56:53 AM

Friday, November 06, 2020 8:56:53 AM

Post# of 24522
As I said yesterday....ELGL likely can't become a SEC fully reporting Company as they have the Russian Tailings in the Claranova Subsidiary - they are stuck - they have to go private I think - question is will they consume the approx 40 million share float at a monster discount to even low end valuations of the assets? - hell even your last post says the mining is worth more than $10 - well that's just the Russian European tailings. Factor in the western U.S. mines and your talking 25 +++ not including media which includes likely huge streaming content and state of the art filming and sound studios as well as sports and even additional lithium mines and battery production I understand. To add the icing on the cake look at the gigantic western world spending on entirely borrowed $$$ from the future generations to spur continued growth - this will almost guarantee a huge, huge metals bull market lasting years with periodic pullbacks. This is a humdinger no doubt about it. Question is what value will we receive out of this GEM us minority public shareholders????? Hoping $5 ++++