Ely Gold Royalties Inc ELYGF

Mixed feelings on merger

[FastFF]

I hear some of the comments, but no need to do anything rash IMO -

Why its true the Gold Royalty portfolio is not as good as Ely (if you want to look, I was one of the first to post about owning Ely for the LT back in 2015) (at $.04, I may add) and its still a long term investment; you will increasingly make returns as the projects develop.

And yes, the land package is now irreplacable.

And, yes, the Gold Royalty properties don't look nearly as good (without looking at them in any detail).

But....as visionary as Trey is, he is no promoter. The shares most likely continue to go nowhere for many more years. Only popped last year becasue Sprott name. Then gave most back.

These GROY fellows are big time and will get the attention of institutional investors. The combined company is in the sweet spot size where you could really see some upside traction. NY listing adds value, maybe 2X.

Best bet is to let the whinners sell out, then the shares will start to move up. Shares have to be tight after long consolidation.

What I like about the royalty idea is the fundamentals get better every day, while miners loose reserves every day.