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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 Shylockreturnson Jun 23, 2020 8:27pm
222 Views
Post# 31183697

RE:RE:Man, This Company Is Going to Be a Monster!

RE:RE:Man, This Company Is Going to Be a Monster!jimbojim -

Aloha back my friend.

The "big dogs" like Royal and Franco Nevada will never make you the money of a junior, dividends included.  Never.  The reasoon is simple.  Mathematical leverage.

Looking at a stock like Ely at under $2 compared to one which is a large multiple of that, one like Franco or Royal which have already had their runs, it is mathematically far easier for the two buck stock to rise 200 X than it is for a two hundred buck stock to go up by the same multiple. 
Now you might in a roaring gold bull market which is right around the corner see Franco Nevada double or triple but so what?

It is very easy to see the total gain of a one hundred-bagger (yes, this is very possible, even very probable) vs. that of a three-bagger!

Let's look even more closely.  Say you have ten grand and you put it in Ely at $2.  That is 5,000 shares.  In Franco Nevada at $200 it is 50 shares.

$200 x 5,000 = $1,000,000.00  Now, for Franco, $600.00 x 50 = $30,000.00

Which would you rather have?

There has never been a gold bull market in history in which the junior gold explorers did not handily outdo the mid-tiers and majors in price escalation.  Now, this is the first serious gold bull in which the new model of gold royalty streaming has existed, at least to the extent that it does now but the mechanics are the same.  You can see it now.  Of all the companies having adopted this model, Ely is leading the pack!

I expect this to continue and intensity.

Finally, would you rather have Nevada in your company name or own the royalties streaming from the many mines Ely has interests in into Ely's coffers in that mega-gold-rich state?

Great good fortune to everyone.


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