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Ely Gold Royalties Inc ELYGF

Metals & Mining Industrial Metals & Minerals
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

Ely Gold Royalties Inc > Price Target
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Comment by Austrian007on Mar 23, 2019 11:14pm
145 Views
Post# 29528000

RE:RE:RE:RE:Price Target

RE:RE:RE:RE:Price Target

That is correct ofcourse...

Also I think its very reasonable to assume that very few people would be investing in this sector unless they are bullish on the price of Gold...

Having said that, the future by definition seems uncertain.. although all pointers indicate to a PoG that is several times the current price in about 5 years time... so Yes, huge upside.

Cheers,


Electrum77 wrote: That's assuminng the gold price remains static. If POG moves upward, property development and operating profit should accelerate. Huge upside!

 

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