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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.


OTCQX:ELYGF - Post by User

Ely Gold Royalties Inc > Consolidation blues...
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Comment by feenewbieon Jul 31, 2020 7:59pm
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Post# 31352633

RE:RE:Consolidation blues...

RE:RE:Consolidation blues...lol - yes Colt - a happy Cannuck am I - an extra long weekend in the summer is great - welcome considering our wicked winters. Just a tad concerned US markets being open on Monday while we are closed. Hah, more like fomo. The USD index rallied intraday - looks like an oversold bounce - could carry it significantly higher as in March/June.  If so USD up = a good chance of gold/miners down.  If so, IMO it will be short term and gold will then resume its rally.  Could be a great buying opp for Gold/Miners shaping up.  Just a note that i am also watching GDX's chart for a potential Head and Shoulders pattern - easier to see on the yearly. If the little green blip up candle today turns into a red down candle on Monday = potential H & S??  The markets like to keep us guessing and do what others least expect.  Have a great weekend Colt, and all!


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