Ely Gold Royalties Inc ELYGF

RE:MTA Vs Ely

[Shylockreturns]

cyanide5 -

For what they are worth, some comments, as requested:

I own Ely but not Metalla and it has been very good to me.  Ely I believe has better leverage at just under a buck and a half that MTA at $12 approximately.

MTA shot up because of the Fosterville acquisition, otherwise I doubt it would have moved, at least at the rate it did.

I believe Trey Wasser is a more capable promoter.

Ely Gold shares are up over 800% in the past 12 months. After moving from $.75 to $2.09 in about 30 days, the stock is simply taking a breather and going through a healthy consolidation. 

Also, the short position in ELY shares has grown from under 100,000 shares to over 2MM shares in the past 7 weeks. These shorts will have to cover when Ely announces new royalties and the stock regains momentum. 

As the price of gold and silver climb, the pressure on the shorts intensifies and it becomes a matter of how much pain they can bear . . . when those shorts are covered, it will be a sight to behold!

I also like the fact Ely is Nevada-centered where you can't rurn around without kickikng a gold-bearing rock. 

Further, I like very much their association with Wallbridge and its massive Fenelon project which from all data available thus far appears as though it may well trump the Fosterville mine.  Management for Wallbridge is also top-notch and the company and its properties are in mining-friendly Quebec.

Well, that is about it.  I hope those comments are of assistance and great good fortune to us all.