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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 Dec 23, 2020 1:01pm
206 Views
Post# 32170159

RE:RE:RE:RE:What's the deal here?

RE:RE:RE:RE:What's the deal here?Twiggy -

Ely is undervalued compared to Metalla.

Ely has better properties and is likely to be profitable sooner (ELY -0.04 EPS while MTA is -0.19).

No, I don't think MTA will take over ELY but ELY may well take over MTA!

Different stocks move at different times and it just so happens MTA has moved before ELY.  That makes MTA a poor buy but ELY a steal at its current price.

It really is "back up the truck" time for Ely Gold Royalties.  Metalla I would be selling.

By that I mean I see the rate of price escalation will shortly be accelerating with respect to Ely while MTA will remain stagnant from here on in or accelerate at a lower pace.  MTA has had a big run while ELY's is just winding up to start . . .

GGFTA.
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