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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 7Twiggyon Oct 05, 2020 11:29am
189 Views
Post# 31666729

Holding my position long term

Holding my position long term
Looks like ELY President is right and the stock is consolidating.  Holding my position long term.  Holding my Wallbridge short-term or
longer as the next drill results should pop this one nicely.  Doing research on Caldas Gold CGC on the Vancouver exchange. Should not be
confused with Canopy or CGC on the American exchange. A new spin out company and the story seems compelling.  I am big on warrants
and was looking for a gold company with warrants.  The warrants were listed within the last week and give you the right to buy the stock for 
$2.75 until July 29, 2025.  The stock is trading around $2.50, so the warrants are very close to being in the money already.  They are already producing
around 25,000 ounces of gold a year and are developing a deposit near the present mine that is expected to push the ounces to the six figure level.
The warrants are bouncing around .60 to .70 this morning and are listed on the Canadian warrant site as a bargain.  Anyone else looking at this
company and any thoughts? There latest presentation is worth a look.  Will be reviewinga discussion later today that I see is on Stockhouse.www.youtube.com/watch?v=UOB_xz9FzqQ
 
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