Better way to play Wallbridge I got into Wallbridge bcos of Ely Gold that holds a 2% NSR at Fenelon...So 20M Ounces at 1500 gold works out to $600M for Ely... and given its a royalty company, they pretty much have almost zero overheads (just 2 full time employees and 2 part time incluiding the CFO)...
and Ely has a M.Cap of $30M or therabouts.... so we should be looking at atleast a 10 bagger straighaway. & with fenelon getting bigger, the value for Ely wil only go up so much more.