OTCQX:ELYGF - Post by User
Post by
Shylockreturnson Nov 09, 2019 3:02pm
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Post# 30331733
Jay Taylor Dumps Metalla and Osisko Gold Royalties
Jay Taylor Dumps Metalla and Osisko Gold RoyaltiesThe latest issue of Jay Taylor's Gold, Energy and Tech Stocks, with due attribution to him, states the following:
"Sell Osisko Gold Royalties. Sell Metalla Royalty & Streaming –
The recommendation to sell these two stocks is based simply on my view that there are two similar companies that offer much better upside potential in part because they are in at the cusp of explosive growth royalty income.
Those two are Sandstorm Gold Limited—a streaming and royalty company, and Ely Gold Royalties—strictly a royalty company. Sandstorm in particular is really starting to enjoy rapid growth in income. Ely Gold Royalties is an earlier stage but unlike Metalla it has not paid up for projects that are years away from cash flowing."
This does not surprise me one bit. Sandstorm has certainly proven itself judging by the price and Ely is about to follow suit as addional properties come on line in the near future, not "years away."
The leverage of Ely is incredible considering its stable of companies and its low price. So far as I can tell, the main thing Metalla has going for it is heavy advertising and "celebrity" investors.
Want to enjoy that leverage? Buy Ely. But do it before everyone else does! My opinion only. However, I also happen to agree strongly with Jay.