ELORO RES LTD (WKN: 909833)

300k kann man zu 0,06 kaufen!

nimmt die Nachfrage wieder winterliche Formen an!!

Last Market by Price Update: 03 Aug 2010 9:30 ET



BID
Orders Volume Price Range
19 870,000 0.055-0.075
             
ASK§
Price Range Volume Orders
0.080-0.100 403,000 10

wieder in den aufwaertstrend!!!!

Canada + 23% !!!!

aber ich denke Entwarnung kann erst ab 0,08 gegeben werden. Obwohl Zeit wird`s.  

Was mag da kommen??

dass die 0,08 in den Vormonaten schon 2 mal erreicht wurden und danach gings wieder nach unten. Zwar war hier der Abwärtstrend im gange aber trotzdem, nachhaltig über 0,08 dann wäre der Aufwärtstrend gut bestätigt.  

Mr. Thomas Larsen of Eloro reports

ELORO AND MEGASTAR ANNOUNCE BUSINESS COMBINATION CONSOLIDATION OF 100% INTEREST IN THE SIMKAR GOLD PROJECT, VAL-D'OR (QUEBEC)

Eloro Resources Ltd. and Megastar Development Corp. have reached an agreement in principle regarding a proposed business combination. Eloro and Megastar propose to complete a business combination that will provide that shareholders of Megastar will receive 70 million common shares of Eloro in exchange for all of Megastar's right, title and interest in and to the Simkar property, hosted in the Abitibi greenstone belt, 20 kilometres east of Val d'Or, Que. The common shares of Eloro to be distributed to shareholders of Megastar will be listed for trading on the TSX Venture Exchange. The common shares of Megastar will continue to be listed for trading on the TSX-V.

While the definitive form of the business combination will be determined by both parties acting with the advice of counsel, it is anticipated that the business combination may take the form of a court-sanctioned statutory arrangement or other mechanism, involving Megastar transferring all of its right, title and interest in and to the Simkar property to Eloro in exchange for Eloro shares, which Eloro shares will then be distributed by Megastar to its shareholders, in each case with an applicable exemption from the prospectus requirements of Canadian securities legislation. The parties will jointly determine the optimum structure for the business combination in order to best satisfy tax planning, regulatory and other considerations, specifically in regard to the mitigation of any tax consequences to Megastar and/or its shareholders.

It was further agreed that Eloro will use its reasonable best efforts to complete an equity financing of up to $3.5-million concurrently with or within 60 days following the completion of the business combination, provided that Eloro shall be required, as a condition precedent to completion of the business combination, to complete an equity financing of not less than $1.5-million prior to or concurrently with the closing of the business combination.

Currently, Eloro has 76,226,903 common shares issued and outstanding while Megastar has 39,487,233 common shares issued and outstanding as of the date hereof, eligible and subject to the proposed business combination. Under the terms of the proposed business combination, Megastar shareholders would own approximately 48 per cent of the Eloro shares outstanding on completion of the transaction, prior to the completion of the financing.

The board of directors of Eloro resulting from the business combination will consist of four nominees from Eloro and three nominees from Megastar. Thomas Larsen, currently chairman, president and chief executive officer of Eloro, will become chairman, and Dusan Berka, currently president and CEO of Megastar, will become vice-chairman. Mr. Larsen would continue in his role as Eloro's president and CEO.

Completion of the transaction is subject to usual terms and conditions for such a transaction, including but not limited to the completion of due diligence, completion and execution of definitive business combination documentation, receipt of all required regulatory and shareholder approvals, and no material adverse changes occurring in the financial condition of either company.

"We see this combination as a logical development in our strategy for growth. With consolidated ownership of the Simkar gold project, Eloro and its shareholders will benefit from increased flexibility in how it proceeds with the continued exploration and development required to exploit the significant upside potential which the property holds. With the completion of the business combination, it is our belief that Megastar and Eloro shareholders will both be in a better position to take full advantage of this outstanding asset," said Mr. Larsen, Eloro's president and CEO.

Mr. Berka, PEng, president and CEO of Megastar, added: "Our goal all along has been to continue advancing Simkar to production and to deliver the best opportunity and value to Megastar shareholders. We believe that a combined team of Megastar and Eloro, and the expertise and resources each brings to the partnership delivers on these objectives and brings Simkar that much closer to fruition. At the same time, Megastar shareholders will continue to share into the advancement of Simkar through their additional shareholdings in Eloro, while allowing Megastar shareholders to also further pursue development of our wholly owned Ralleau and Sedex properties, and new acquisitions."

The Simkar gold project

The Simkar mineralization model was generated from a comprehensive 3-D compilation and synthesis of historic mine and drill hole data that included the A, B, C, Montana, East and South zones from which there is historic gold production. The intersected lithologies in this drill campaign corroborate the 3-D geological model developed for the property to delineate drill targets. The Simkar property hosts a thick sequence of east-west-trending, near-vertical-dipping rhyolites, pyroclastics and quartz-feldspar porphyry dikes and sills closely associated with the lode gold vein mineralization and the Louvicourt-type volcanogenic massive sulphide (or VMS) mineralization. The higher gold grade vein mineralization is similar to the more than nine-million-ounce Sigma-Lamaque gold deposit in Val d'Or. The historic production of 30,500 ounces of gold (1946 to 1949) came from extensive underground workings along the A, B and C zones. From 1987 to 1993, surface exploration and underground development work successfully outlined additional gold mineralization in the immediate extensions of the previously mined zones, as well as defining new gold resources in three new gold-bearing structures, the East, F and Pillar zones. Subsequently, the existing underground workings were dewatered and new underground development was completed to access the East zone. This underground development work led to the extraction of 20,000 ounces of gold.

The Simkar property consists of two contiguous mining concessions totalling 226 hectares and is currently wholly owned by Megastar, under option to Eloro. Megastar acquired all rights, titles and interests of the project in 1996. Since then, Megastar completed ground geophysics and surface diamond drilling, and integrated the former Simkar gold mine underground workings into a 3-D mine model. This work led to two National Instrument 43-101-compliant technical reports, one in 2004 and a second in 2008 (available on SEDAR under Megastar Development). The 2008 technical report outlines mineral resource estimates of 1,482,000 tonnes grading 3.01 grams per tonne gold containing 143,160 ounces of gold to vertical depth of minus 200 metres, based on parameters appropriate for a reasonable underground mining scenario.

Eloro and Megastar are in the second year of an option and joint venture agreement that provides Eloro with the option to earn a 50-per-cent interest in Simkar by completing $4-million in exploration work, paying Megastar $350,000 and issuing 4.5 million shares of Eloro to Megastar over three years. Eloro has met its year one commitments, including incurring exploration costs of minimally $750,000 pursuant to the option agreement with Megastar.

The technical information contained in this news release was prepared and approved by Martin Bourgoin, PGeo, executive vice-president of Eloro, and John Langton, PGeo, vice-president of exploration of Eloro and project manager of the Simkar gold project. Both individuals are qualified persons as defined by National Instrument 43-101.

We seek Safe Harbor.

denn heute wurde der Handel ausgestzt ? Warum konnte mir niemand sagen ??  

man kann nur hoffen, dass das Simkar projekt endlich Früchte trägt.  

fördert nicht nicht unbedingt das Vertrauen.  

Aktien an JV-Partner Eloro ab .

http://www.rohstoffe-go.de/rohstoff/..._Partner_Eloro_ab_ID88938.html

gibt Goldprojekt Simkar für 70 Mio. Aktien an JV-Partner Eloro ab

Stuttgart (www.rohstoffe-go.de) Es kam überraschend: Gestern nach Handelsschluss in Deutschland gab der kanadische Explorer Megastar Development (WKN A0JL3K) bekannt, dass man das aussichtsreiche Goldprojekt Simkar in die Verantwortung des Joint Venture-Partners Eloro Resources abgeben wird. Auf den ersten Blick mag das verwirren, doch wenn man den Deal genauer unter die Lupe nimmt, kristallisiert sich heraus, dass die Transaktion für die Megastar-Aktionäre von großem Vorteil sein könnte.

Denn im Gegenzug für die Abtretung der vollständigen Rechte an Simkar soll Eloro gemäß der veröffentlichten Vereinbarung 70 Millionen Aktien ausschütten – und zwar direkt an die Megastar-Aktionäre! Nicht an das Unternehmen! Das bedeutet, dass jeder Megastar-Aktionär ungefähr 1,75 Aktien von Eloro erhalten wird – was beim aktuellen Eloro-Kurs schon einmal einem Gegenwert von 14 kanadischen Cent entsprechen würde. Hinzu kommt, dass die Megastar-Aktionäre ihre MDV-Aktien behalten werden. Denn im Gegensatz zum Vorgehen bei einem klassischen Merger werden die Aktien von Megastar auch nach Abschluss der Transaktion weiter an der Börse gehandelt.

Da Eloro derzeit 76.226.903 Stammaktien ausgegeben und ausstehend hat, werden die Aktionäre von Megastar nach Abschluss des Deals rund 48% der Aktien von Eloro Resources halten – und damit weiterhin in signifikantem Ausmaß an der Entwicklung des Simkar-Goldprojekts beteiligt sein. Im Erfolgsfall dürfte somit der Wert der Eloro-Anteile, die aus dem geplanten Deal resultieren, mehr als deutlich steigen.

Und Megastar selbst kann sich jetzt verstärkt daran machen, seine weiteren Projekte zu entwickeln. Den zusätzlich zu Simkar verfügt das Unternehmen von CEO Dusan Berka noch über das Kupfer- und Zinkprojekt Ralleau, ebenfalls in Quebec, und die Zink-, Blei- und Silberliegenschaft Sedex in British Columbia, auf denen bereits erste Untersuchungen vorgenommen wurden und die unserer Ansicht nach ebenfalls als sehr aussichtsreich einzuschätzen sind.

Alles in allem verschafft der geplante Simkar-Deal zwischen Megastar und Eloro den Megastar-Aktionären so einen erheblichen Vorteil. Denn mit den Eloro-Aktien haben diese nun statt eines gleich zwei „Rennpferde“ im Stall. Und das Beste ist, dass laut Aussage des Megastar-Managements auch Neuaktionäre des Unternehmens, die ihre Aktien vor Abschluss des Eloro-Deals erwerben, von dieser Regelung profitieren werden!

Wer also das zweifellos vorhandene Risiko nicht scheut und von dem Simkar-Goldprojekt überzeugt ist, könnte in den Aktien von Megastar Development (WKN A0JL3K) gerade jetzt eine ausgezeichnete Investmentgelegenheit finden!

Eloro Resources postpones shareholders meeting

2010-09-01 17:24 ET - News Release

Mr. Thomas Larsen reports

ELORO RESOURCES RESCHEDULES SHAREHOLDER MEETING

Eloro Resources Ltd.'s annual and special meeting of shareholders originally scheduled for Sept. 30, 2010, will be rescheduled to a later date, likely before the end of October. Since Eloro may have to call a special meeting of shareholders at which shareholders will be asked to approve the recently announced proposed business combination between it and Megastar Development Corp., Eloro has decided that it would be in the best interests of its shareholders to hold one meeting at which both routine annual business and the proposed business combination would be considered by shareholders.

On Aug. 30, 2010, Eloro and Megastar jointly announced in Stockwatch that they had reached an agreement in principle to enter into a business combination to consolidate 100-per-cent ownership of the Simkar project in Eloro by Eloro issuing 70 million Eloro shares to the shareholders of Megastar. Completion of the transaction is subject to usual terms and conditions for such a transaction, including completion and execution of a definitive agreement, receipt of all required regulatory and securityholder approvals, and no material adverse changes occurring in the financial condition of either company. Depending on the structure of the proposed business combination which is finally decided upon, it may or may not be necessary for Eloro to obtain approval of its shareholders.

The date for the rescheduled annual and special meeting of shareholders has not yet been definitively determined but is anticipated to be before the end of October.

Eloro and Megastar are in the second year of an option and joint venture agreement that provides Eloro with the option to earn a 50-per-cent interest in Simkar by completing $4-million in exploration work, paying Megastar $350,000 and issuing 4.5 million shares of Eloro to Megastar over three years. Eloro has met its year 1 commitments, including incurring exploration costs of minimally $750,000 pursuant to the option agreement with Megastar.

We seek Safe Harbor.

2010.09.01 17.24 Uhr ET - News Release

Herr Thomas Larsen Berichte

Eloro RESOURCES Umplanungen Hauptversammlung

Eloro Resources Ltd 's Jahresbericht und die Sonderberichte der Aktionäre ursprünglich für den 30. September geplant, 2010 wird zu einem späteren Zeitpunkt nachgeholt werden, wahrscheinlich noch vor Ende Oktober. Seit Eloro eventuell eine Sondersitzung der Aktionäre Anruf an die Aktionäre werden gebeten, die vor kurzem angekündigten geplanten Unternehmenszusammenschluss zwischen ihm und Megastar Development Corp, Eloro genehmigen hat beschlossen, dass es im besten Interesse der Aktionäre sein, halten Sie einen Treffen, bei dem sowohl Routine jährlichen Geschäfts-und den vorgeschlagenen Zusammenschluss würde durch die Aktionäre angesehen werden.

Am 30. August 2010, Eloro und Megastar gemeinsam bekannt, in Stockwatch, sie hätten eine grundsätzliche Einigung in einem Unternehmenszusammenschluss geben zu 100-Prozent-Eigentum der Simkar Projekt in Eloro von Eloro konsolidieren ausstellenden 70 Millionen Aktien an Eloro erreicht Die Aktionäre der Megastar. Der Abschluss der Transaktion unterliegt den üblichen Bedingungen und Voraussetzungen für eine solche Transaktion, einschließlich der Fertigstellung und Durchführung einer endgültigen Vereinbarung, nach Eingang aller erforderlichen behördlichen Genehmigungen und Wertpapierinhaber, und keine wesentlichen nachteiligen Veränderungen in den finanziellen Zustand der beiden Unternehmen. Abhängig von der Struktur der geplanten Unternehmenszusammenschlusses auf die schließlich entschieden wird, kann es sein oder auch nicht notwendig Eloro der Zustimmung der Aktionäre zu erhalten.

Der Termin für die jährliche umgeplant und Sondersitzung der Aktionäre hat sich noch nicht endgültig festgelegt, sondern wird voraussichtlich vor Ende Oktober.

Eloro und Megastar sind im zweiten Jahr eine Option und Joint-Venture-Vereinbarung, dass Eloro bietet mit der Option auf eine 50-Prozent-Zinsen in Simkar durch Ausfüllen $ 4 Millionen in die Exploration Arbeit zu verdienen, zahlen Megastar $ 350.000 und die Ausgabe 4.500.000 Aktien der Eloro zum Megastar über drei Jahre. Eloro erfüllt hat seinen 1. Jahr Verpflichtungen, einschließlich der anfallenden Explorations-Kosten minimal 750.000 $ gemäß der Option Vereinbarung mit Megastar.

Eloro, Megastar drill 7.88 g/t Au over 4.0 m at Simkar

2010-09-14 08:28 ET - News Release

Also News Release (C-MDV) Megastar Development Corp

Mr. Thomas Larsen of Eloro reports

ELORO AND MEGASTAR INTERSECT 7.88 G/T GOLD OVER 4 METRES FROM THE SIMKAR GOLD PROPERTY, VAL-D'OR (QUEBEC)

Eloro Resources Ltd. and Megastar Development Corp. have completed the phase 2 diamond drilling program at the Simkar gold property, located 20 kilometres east of Val d'Or, Que. The recently completed program followed on the phase 1 discovery of a new zone and current results show intersections of up to 7.88 grams per tonne gold over four metres. Given these results, Eloro plans to immediately proceed this autumn with a phase 3 drilling program at Simkar, and will focus on further delineating the new zone.

The phase 2 drill program, consisting of five diamond drill holes totalling 2,200 metres, targeted the new zone of gold mineralization intersected during phase 1 drilling earlier in the year. The discovery drill hole intersections included 3.96 g/t gold over five metres in SK10-16A and 9.27 g/t gold over 5.9 metres in SK10-12 (refer to the Eloro and Megastar news releases in Stockwatch May 27, 2010). The discovery intersections are located immediately below the historic A and B zones that were mined from the former Louvicourt goldfields mine located on the property.  

http://www.finanznachrichten.de/...-g-t-gold-ueber-4-m-laenge-016.htm

könnte es losgehen!?

200k im bid

Last Market by Price Update: 27 Sep 2010 9:17 ET


BID
Orders Volume Price Range
37 1,468,000 0.065-0.085
             
ASK§
Price Range Volume Orders
0.090-0.110 558,000 14

400.0 0.09 · 0.095 277.0

190.0 0.085 · 0.095 327.0