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Ely Gold Royalties Inc ELYGF

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.


OTCQX:ELYGF - Post by User

Post by Shylockreturnson Nov 01, 2019 1:39pm
159 Views
Post# 30298272

ELY Retracts NIA Articles and Terminates Ties

ELY Retracts NIA Articles and Terminates Tieshttps://www.newsfilecorp.com/release/49266/ELY-Retracts-National-Inflation-Association-Articles-and-Terminates-National-Inflation-Association-Agreement

Ely has learned a valuable lesson as to whom to associate with and whom not.  Their fundamentals remain intact and more royalty streams are due to come online over the next few months as more of the properties in which they have an interest begin to produce.  Their Fenelon royalty is solid and should Wallbridge Mining be sold, which I fully expect at some point, the royalty to Ely will remain with Ely.  It will transfer as an obligation to the acquiring company.
 
I expect Ely Gold Royalties, Inc. to outperform its peers over the foreseeable future.

Great good fortune to all.


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