OTCQX:ELYGF - Post by User
Post by
Austrian007on Apr 19, 2019 1:20am
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Post# 29648186
Additional Fenelon Royalty
Additional Fenelon Royaltyhttps://stockhouse.com/news/press-releases/2019/04/18/ely-gold-royalties-announces-purchase-of-additional-of-fenelon-royalty
This is really impressive... especially given the fact that they paid in cash instead of diluting the equity. I think overtime this could well be the single largest cash flow generator within their royalty streams... we will know within the next 12 to 18 months on how production will shape up at Fenelon.