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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 feenewbieon Jul 20, 2020 7:01pm
131 Views
Post# 31293156

RE:RE:TA for those interested

RE:RE:TA for those interestedHah - I did see it Colt - good call - gaps usually do get filled - so just technicals temporarily affecting Ely.  I've just been quickly monitoring things during the typical summer slowdown - i.e., I'm in the sell in May and go away mode - but still in my spec positions like Ely.  Regardless, July has been a bit more exciting than usual.   Happy to see the S & P 500 broke above the June highs today, so the market remains bullish, for now at least!  Was waiting to see if a dangerous double top was going to occur, toppling the parabolic tech stocks as a result, and of course awaiting the effects of the disasterous Q2 earnings season.  But bargain shopping and potential momo trades may occur more quickly than I anticipated, so I thinks its time to start monitoring more closely.  The USD has rejected the drop to 96, and it dropped to 95.83 today, so of course = good for gold.  Will be interesting to see if this level rejects again, or it sinks, propelling gold even higher. We are living in strange times Colt!  GL eveyone!          
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