Ely Gold Royalties Inc ELYGF

Metals & Mining Industrial Metals & Minerals

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.

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Ely Gold Royalties Inc > Hoping for a short squeexe

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Comment by medvic1on Dec 11, 2020 2:57pm

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Post# 32090096

RE:Hoping for a short squeexe

tax loss selling? no, it's the dollar that found short term bottom. Stock market and gold will be under presure till dollar turn back down. It should be over next week. Accumulate when it cheap.

7Twiggy wrote: Still in the toilet this morning. Down almost 50% from 52 week high. Doesn't make any sense with the gold prices we are seeing today. Hoping the sales today are mainly tax loss. Those insider sales mid year didn't help gain any trust. Shorts still all over the stock with over 2 million shares shorted and 238,000 the last report. Management should either initiate the dividend or stop talking about it. They have had enough time to deal with it. When the tax loss selling is over I am hoping for a short squeeze.

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