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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 Nov 16, 2020 8:40pm
254 Views
Post# 31911822

RE:RE:RE:Ely Remains Dirt-Cheap at This Price!

RE:RE:RE:Ely Remains Dirt-Cheap at This Price!I would hardly take the advice of a novice whose interests include the gold junior sector as an aside.  "Ten years" is hardly long enough to pay dues in this business.

According to the website, TipRanks, "Taylor Dart" has a track record of 59% success on 110 out of 187 ratings, barely above the results one would get by the flip of a coin.

And on these "successes," his average return was a whopping 4%!

C'mon, give me a break!  This guy's track record in a gold bull market is horrendous.  And the "gold sector" is just an "add on" to all the other sectors he supposedly advises on, his "Main Sector" being "Basic Materials."

He is ranked "#3,280 out of 14,801 "overall experts" according to the site.  In this game, it seems, everyone is an expert . . .

https://www.tipranks.com/bloggers/taylor-dart

Additionally, TA is not the way to follow the junior gold and silver explorer sector.  Period.

The fundamentals trump the technicals virtually always, especially in a manipulated market.

In the situation we have now with demented Biden, who will likely be replaced if indeed he does not lose the questionable 'election' outright, getting ready to spend America into oblivion - as if the debt curve now going hyperbolic was not enough - the price of gold is headed in the esteemed words of Ralph Kramden "to da moon!"  Personally, I would not want to be out of position in such a state of affairs.

Take the advice of whomever you want but for my money I will take under advisement the truly sage comments of real experts such as Rick Rule, Eric Sprott, Egon von Greyerz and others who have proven themselves over decades and not a few years.

But as feenewbie said, "to each his own."

Great good fortune to all.

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