Ely Gold Royalties Inc ELYGF

Sell Ely Gold Royalties at your peril!

[Shylockreturns]

This is the best of the gold royalty streamers, succinctly put and bar none, and parting with your tranche of shares IMO would lead to serious regret.

It is ridiculously underpriced considering its NAV and the properties from which it is now and will in the not-too-distant future receive royalties.

You can overypay for Metalla and the others and experiencer buyers' remorse or you can take advantage of the extreme leverage ELY represents because of its crazily low price.

My money remains on Ely and will continue to. 

Pierre Lassonde believes we have reached a gold bottom and gold is headed for multiple thousands of dollars the ounce as the worth of the USD falls to something which more accurately represents its true value.  Hence, the royalties thrown off and into Ely's coffers will become massive indeed.

https://kingworldnews.com/legend-pierre-lassonde-says-we-just-saw-a-major-bottom-in-the-gold-market/

Great good fortune to all.

[colt45acp]

Good post Shylockreturns. Change my stinker bid from .93  and bought at .88 . Should we turn down again it will not go far. If so , i buy more. glta.

[Shylockreturns]

colt45acp - Excellent. You are exercising the precisely correct strategy. In a few months your portfolio will exhibit the wisdom of this share acquisition methodology.

[Stocks6427]

Big fan of ely long term. If share price doesn't increase before the reverse split I can't say I'm happy about a 5 to 1 reverse in q2/q3. Metalla did theirs in a much better gold sentiment environment. Who knows if the reverse will even have much benefit given the current sentiment in the gold sector. When (not if) gold price continues its upward trajectory who's to say ely's

[Shylockreturns]

Stocks6427 - As regards reverse splits, doing one at this price would be taking a terrible risk as the history of these things is NOT good and they rarely prosper. What they do do is expose Ely's shares to vicious shorts who would in all liklihood be all over it. Were Trey to announce a reverse split of any proportion, I believe I for one would have to take a careful look at whether the

[LowtoHigh]

Cookoo cookoo 

[Lowcapmocap]

lol he definitely has lost a few marbles

[colt45acp]

Shylockreturns , not much with putting to words my opinion but with others such as yourself who have the nack and can get their points across i will leave it to you gentlemen. Just to concure , R/S 99% OF THE TIME not a good plan. Where did it get KRR, JUST SAYING. glta.

[LowtoHigh]

Is the reverse share price 100% happening, or are they just contemplating?

[Lowcapmocap]

unless the share price skyrockets, then a reverse spilt it's most likely going to happen. Trey is very keen on a NYSE listing, it's one of the key catalysts this year for stock price appreciation. Hopefully being on the NYSE will allow Ely to actually get on finds like the GDXJ