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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

Post by Shylockreturnson Feb 01, 2021 1:46pm
154 Views
Post# 32438106

Looking for a $0.50 UP day -

Looking for a $0.50 UP day -This isn't it but it's coming.

ELY remains the most underrated gold royalty streamer out there with the lowest NAV which gives it the greatest leverage.

All it will take is a serious run in either Ag or Au or more likely, both.

Have held the company's shares since the earlier days and am more pleased with it every day.  Owned Maverix for awhile but liquidated that and put the proceeds into ELY.

I am really glad I did and have not looked back since.

I find ELY's management shrewd and sensible, not overpaying for assets and staying in safe jurisdictions such as NV and QC.  Jurisdictional issues will become more significant as time passes and ELY is well positioned in that regard, at least as well positioned as a company can be in these days of insane and corrupt governments.

Another very important point in my estimation is that we are NOT on the uber-corrupt NYSE but doing just fine, thank you, on the TSX.V.  It is a matter of time before the NY crowd, "da boyz" as they are unaffectionately known, crashes the DOW and NASDAQ both.  The wisdom of staying out of there will then be obvious to all.  Yes, it's nice to have wide exposure to larger capital pools but NOT capital pools which are used to manipulate share prices as we have seen in spades the past couple of weeks.

Great good fortune to all as we await that half a buck UP day!


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