Ely Gold Royalties Inc ELYGF

A nice turn around today

[AngelEyes3]

Nice to see Ely Gold up 23 cents today to 1.65 a 16 .2 percent up. I thought the shares were over sold but a one day turn around does not indicate a trend yet. The shares did have a nice run up and corrections are normal in a bull. Some people wanted to lock in profits and others expect a gold and silver pull back and therefore did not want to hold shares. I bought additonal shares in this take down but much to early in the process. I wish I had waited but in a bull market it is better to be in to early rather than too late. Many experts are saying we are over streched here at the moment in the gold and silver sector. I think paper gold and silver were holding down the value of these commodities and now we are starting to see them run. Physical is determing the paper prices at the moment and if their is not enough physical around they cannot control it with paper long term just quick hits to the downside.