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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

Comment by cyanide5on Aug 05, 2020 2:59pm
127 Views
Post# 31368476

RE:Rising gold price

RE:Rising gold pricebit the bullet here with a small position. have been looking at this since it was 18 cents... missed my bid by a penny and that has hurt me ever since and as the price continued to rise, i was reluctant to buy... 

was still hesitant but my other PM stocks have done well and royalties have always done well for me, so taking a chance at these prices with my profits... still long ways to go for the PM bull market... we are probably mid way and the higest returns are made in the last half of the cycle... so it could potentially still double or triple from here in 12-18 months... 

The SP of ER has drifted lower since golds rise from around 1800 to well over 2k now... so hopefully a decent entry point...

GLTA!
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