to get regular advance elixir u need to make the item full blue ( all blues u can get but doesnt have to be 100% ) then destroy it , but you will have better chances if the item was full blue 100% and +5 or more.
as for socket stones well you get temporary buffs when u add them to your wep( check the grocery store to see the buff effects ) , to get the stones u need copper/iron coins that you can get from the uniques in the temple ( not so sure they exist , no1 got them so far )
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