Ely Gold Royalties Inc ELYGF

True Tenbagger potential

[NestStep]

ELY is heavily undervalued today, but also relativly easy to see that this has a certain likelyhood to be a tenbagger over the next 24 month. 3 Reasons: A) 3 Producing small roylaties: *Jerrit Canyon *Isabella Pearl *Fenelon Bulk sample Together with the Option payments by partners that should cover all G&A and ELY should be earnings positive by end of 2019 B) Huge Database and deal flow *impressive to see in the very competative royalty market what great deals they can make. 650k for a 150-200k per annum royalty is very cheap C) 3%NSR on Fenelon Listen to this about 12min mark on: https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-52419 So if this would become a Detour like thing we would be talking about one of the most valuable PM royalties out there 300mm Can$ on that NSR alone could happen. So assuming they have to double the share count over the next 24 month to do more deals we`d have like 200mm Shares, but then likely a company comparable to Meverix Metals. I currently don`t find a better opportunity in the PM royalty world. For now it should at least have an EV like V.FISH - Sailfish Royalty. Which would be 100% upside. Cheers