OTCQX:ELYGF - Post by User
Comment by
Shylockreturnson Dec 23, 2020 1:01pm
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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.