Replies to post #23244 on Element Global Inc (ELGL)

[Marty Byrd]

Then call IR for clarification.

[brooklyn137]

I believe it says that BRVO is acquiring ELGL's mining subsidiary EGM. But that doesn't say what is in EGM. So it could be all the mining or only the North American mining. Without knowing what they put in there, I don't think it answers the question one way or the other.

[stockguru1971]

The mining assets per the PR are going to brvo. Not complicated . The mine is Russia which is the security for the 600m bond is seen as a financial instrument ( see website https://www.elementglobal.com/subsidiaries/finance.php) and as such remains in Elgl until they roll into another vehicle per their recent press release)

Stock is completely undervalued as the bond fully funded puts $3 per share cash into the company! Cash value is $3 pps and stick is 24c !! Keep selling, I’ll just keep buying as one of these days the bond will be validated by an independent source and the stock will explode