OTCQX:ELYGF - Post by User
Post by
Bobwinson Sep 29, 2020 3:58pm
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Post# 31636746
Surprised Ely wasn't doing better since gold is rising
Surprised Ely wasn't doing better since gold is risingBut then I looked up the last financing. It closed in May 2020 and had the normal 4 month holding period so some participants are selling the stock and holding the warrants. This should pass in a week or so. Ely probably over performed earlier and may not be the hottest royalty stock in the near term but longer term, the royalties should come online and move the stock price much higher.