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.

OTCQX:ELYGF - Post by User

Ely Gold Royalties Inc > looks like we got to shake out more $1 bids

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Comment by Stocks6427on Feb 03, 2021 4:15am

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Post# 32455604

RE:RE:RE:looks like we got to shake out more $1 bids

don't take this wrong way but why would one expect a higher share price with so little cash flow? I know the pipe line has some interesting projects in the future but there are competitors with much higher cash flows and low market cap as well. The reverse split to get exposure on nyse has pro" and cons. My worry would be with the small cash flow it would be hard to make further deals without dilution to share holders. I do own some ely but a much heavier weighting with competitor. ( not pumping). Glta

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