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.

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Ely Gold Royalties Inc > Low risk Entry Point?

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Comment by PetroLoonie1on Jun 18, 2020 1:06pm

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Post# 31165537

RE:RE:RE:Low risk Entry Point?

Right now there is a hammer showing up in the daily chart and if this holds up then perhaps a buying opp. Slow stokes has almost hit bottom at 9.

Bears tried to take this down to 1.33 and the buying started around 11 AM as shown by string green candles in the 5 minute chart second one below.

I may add today but this is only TA and doesnt always work but look at the similar candle on May 27 for daily chart that started a good run. GLTA