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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

Post by GoldRoyaltyon Jan 02, 2020 7:36am
182 Views
Post# 30510219

ELY versus MTA

ELY versus MTAMTA has a Market Cap of $237 Million

ELY has a Market Cap of $46 Million

Yet the companies are very similar, except one is really good at promoting itself.

MTA is 5 times that of ELY!  Something out of whack or just good promotion on MTA's behalf??

I think ELY will catch them by the summer..... and what I found most intriguing is the Inside Ownership along with Eric Sprotts huge holdings in this company.



2020 will move this stock into the $2 to $3 range and if gold takes off, then who knows where this stock will head up to.


Thoughts?



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