OTCQX:ELYGF - Post by User
Comment by
cyanide5on Aug 05, 2020 2:59pm
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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!