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Bullboard - Stock Discussion Forum 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... see more

OTCQX:ELYGF - Post Discussion

Ely Gold Royalties Inc > I have had it.
View:
Post by 7Twiggy on Feb 05, 2021 2:55pm

I have had it.

Sold the rest of mine today.  Could not stand the bleeding and it does not look like it will end any time soon. Bought RWB warrants.  Stock at $1.49 and the warrants at .49.  The stock can be bought for $1.00 and a warrant for around 19 months.  No time value added.  Looks like a bargain to me. Don't think I can do any worse than I did with Ely.
Comment by LowtoHigh on Feb 05, 2021 3:04pm
I get it. I just got in a couple of weeks ago at 1.05 then bought some more at .97 to leverage out somewhere at 1.03. For the longs here I feel your pain but I will stick around a bit more.
Comment by 7Twiggy on Mar 01, 2021 3:16pm
Feel in love with this stock, till I finally realized the mistake I had made.  Chart was terrible and those townhalls did nothing.  If anything the price seemed to go down.  Sold a lot of those warrants and almost doubled my money so it helped with some of the loss. The only way I would be tempted to get back in is if it retreats to its 52 week low.  Usually don't post on ...more  
Comment by LowtoHigh on Mar 02, 2021 7:08am
I also recently gave on this. It is clear the short term future is bleak. Reached out to Noble analysts the other day asking why in the world they are still maintaining a strong buy on this stock with $2 target. They have no answer. Clearly trying to prop this worthless stock up at the behest of Ely.
Comment by Geologo on Mar 02, 2021 5:47pm
Suggest having a look at the uranium sector which is on fire at present and in an uptrend since Nov. An excellent source of info at John Quakes site, a retired earh sciences researcher, who now does uranium 24/7 https://twitter.com/quakes99/status/1366824572645875714 There is only one royalty company in the space URC which has a nice chart and some info below but DYODD https://www ...more  
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