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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 prouditalianon Dec 30, 2020 3:02pm
184 Views
Post# 32199012

RE:RE:RE:RE:Ely Gold Royalties: A Good Bet But Only At The Right Price

RE:RE:RE:RE:Ely Gold Royalties: A Good Bet But Only At The Right PriceShylock, we may disagree on a few things here...but if I had to guess, Id guess you bought shares a LOT lower. I bought at 1.13, and do not consider it a great bargain at these levels. You did not address my points ( or do you agree ) 1. How on earth will they get 2 mil plus dollars from Wallbridge in 2021 when they aint even producing. You can say what you want about Metalla ( I sold my shares too early there ) ...but they make money and pay a dividend, Ely does not make money or pay a div yet. 2. Cheap, cheap, cheap warrants all over the place to BOD members, mgmt and for assets bought out. I wold not be surprised to see it back at .70-.80 CAD again where I will be a big buyer. CEO is over 70 and will likely want to retire so thats why I believe he may sell out in 2021. Timing would be perfect and I would be happy with a 30-40% return from here. Happy New Year. I wont be posting anymore in 2021, but you where my bids are and where my sale offers are!
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