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 > Why trading at 1.22?

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Comment by sagietjeon Jun 21, 2021 1:00pm

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Post# 33420819

RE:RE:Why trading at 1.22?

I probably, like many here, check out every royalty company out there, and buy into pretty much all off them, small or big, just to see where they are heading. Gold royalty is the only one, in a long time, I didn't want to buy when it started trading. It looks like a pure play on the hope of mass hysteria in gold. Lots of gold, little viability. The deal would give me more confidence when management's 5% and Sprott's 22% would also say they're taking it all in shares and no cash.

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