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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 AngelEyes3on Aug 06, 2020 12:09am
290 Views
Post# 31370697

Share price smash over done

Share price smash over doneGiven the current price of gold and silver ELY shares have taken it on the chin. Yes they moved fast  earlier this year, but we already have seen a correction of 34 percent already from the high of over 2 dollars in June. But if you noted several companies that ran hot early has stalled and been correcting as of late. Currently royalty plays are not in favour compared to the junior and companies drilling.

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