Ely Gold Royalties Inc ELYGF

Metals & Mining Industrial Metals & Minerals

Ely Gold Royalties Inc is an exploration and development stage natural resource royalty company. It is engaged in the evaluation, acquisition, exploration, development, and sale of natural resource projects and royalties. The company is currently focused on purchasing royalties and selling its gold projects, with the potential to generate royalties, in the United States and Canada. It holds an interest in Fenelon property; Isabella Pearl and Jerritt Canyon among other operations.

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Ely Gold Royalties Inc > True Tenbagger potential

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Comment by Austrian007on Jun 01, 2019 11:26pm

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Post# 29791857

RE:RE:RE:True Tenbagger potential

I wouldnt put a PE multiple on the option incomes....to the extent it takes of their opex till royaties kick in, its great for us as it reduces the dilution needed to fund regular expenses... thats all.

& I think the real kicker would come in the form of substantially higher gold prices in the years ahead... and this number of $3 is indeed a very reasonable goal.. if it doesnt get acquired by EMX before that...

NestStep wrote: https://elygoldinc.com/assets/docs/presentations/ELY-PPT-JUNE-2019.pdf

new corp.pres
Silde 11 is new.

so we`re basically looking at a foreward PE of 2.5 - to 3.5. Cents per shares per annum.
pretty much wow, royalty stocks can trade up to 80times PE
which would imply 2-3$sh

see you there in 2021 latest ;-)