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Ely Gold Royalties Inc ELYGF

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

Comment by Austrian007on Jul 14, 2019 12:47am
180 Views
Post# 29917715

RE:Volume's picking up

RE:Volume's picking up

A couple more royalty acqusitions and we should see Ely take off similar to what happened to metalla 2 years ago...

I also think Ely deserves a higher valuation as compared to metalla today because of ely's distinct change in strategy... Ely was valued more as a prospect generator... but with the beginning of their agressive royalty acqusiitons and with higher gold prices leading to more of their options beginning their production in the next 2 years, I am reasonably sure that the markets will start seeing the mispricing.

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