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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 Goldwillrun2020on Feb 03, 2020 10:47am
143 Views
Post# 30634057

New Article just out on ELY and other Royalty's....

New Article just out on ELY and other Royalty's....https://seekingalpha.com/article/4320846-precious-metals-royalty-and-streaming-companies-january-report?app=1&ifp=0&utm_medium=email&utm_source=seeking_alpha


The majority of companies (7 out of 11) recorded positive gains. The best results were recorded by ELY Gold Royalties (OTCQB:ELYGF). Its share price increased by more than 50%, fuelled especially by great exploration results of Wallbridge Mining (OTC:WLBMF) at its Fenelon gold project. ELY holds a 2% NSR royalty on this project. Double-digit gains were recorded also by EMX Royalty Corporation (EMX), Metalla Royalty and Streaming (MTA) and Franco-Nevada. On the other hand, the worst performance was achieved by Sandstorm Gold (SAND). Its share price declined by nearly 8%.
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