Elray Resources is an up and coming young company that is beginning to make its mark throughout the world. A technically driven gold and precious mineral exploration company, Elray is breaking ground with the Senator Project.
The Senator Project, also known as the Senator Mine Project, is an endeavor located in a mineral-rich region of Cambodia. Through the Senator Mine Project, Elray will have the ability to capitalize on the gold market.
The Senator Mine Project is a strong exploration target with the reported underground working, map reference by the French mapping and reporting of the 1970s and observed mineral and waste materials on the surface. The project has a reported 105 meters long adit following an average 1.5-meter wide multi-metallic massive sulfide vein with recoverable gold. The initial target appears to be a multi-metallic quartz vein system up to about a reportedly 1.5 meters width.
While the stock market has hit some bumps in the road lately, the price of gold traded up on Monday. Jeremy Charles, Chairman of the London Bullion Market Association was quoted saying that due to chaotic market conditions, investors are returning to gold “in a major way.”
With investors turning back to gold and Elray being at the forefront of gold exploration, this is a company to keep an eye on.
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment