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 > True Tenbagger potential

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Comment by Austrian007on Jun 05, 2019 9:38pm

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Post# 29801538

RE:RE:RE:RE:RE:True Tenbagger potential

Thanks.... can you put even some approx numbers on Fenelon... i.e. what this 3% would translate into in terms of revenues and by what timelines.... I understand the vagaries and uncertainties associated with this industry, but fenelon should be less impacted given their grades and profitability even as of today... Regards,

NestStep wrote:
well however you put it, ELX is truely undervalued, not that Mining BS "undervalued" every company claims in their copr. pres. but on all terms and metrics. If Wallbridge Fenelon is only half that good like it looks today, a 3% NSR will prove very valuable and the Jerritt Canyon Prod. Royalty looks well timed, as Gold now above 1300 $/oz as such the rate per tonne increased over 50% 3$ might sound creazy today, but really it`s not

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