Replies to post #12645 on Elray Resources Inc (ELRA)

[brez63]

Never mind. Just caught up with the Asian bitcoins gambling connection. The estimated valuation range of .30-.40 IMO is very low! 80 millions gambling Asians! I think we should be talking dollars!

Cheers
Brez

[IDKFA]

Quick summary:

ELRA cleared a legal dispute several weeks ago, and is now able to aggressively pursue future ventures.

ELRA has an online Casino. They are currently in beta testing to allow users to play with BitCoins (Speculation suggests beta shouldn't last much longer).

ELRA recently signed a joint venture with one of Asia's largest gaming distributors (80 million users, but not necessarily gamblers)

ELRA has a float of 10 million (Which has been locked up over the last two weeks, hence the break outs)

ELRA will be the first BitCoin casino available. If you haven't been paying attention, BitCoin is BIG right now.

ELRA's price target is .40 right now. But IMO, once the casino starts making revenue, we should be seeing dollars.