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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 > Eric Sprott
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Comment by Lynx9on Jul 10, 2021 2:27pm
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Post# 33526850

RE:Eric Sprott

RE:Eric Sprott"Correct me if I'm wrong, but I imagine Gold Royalty has a lot of cash having recently completed an IPO."

According to the Q2 report $89 million cash and I would think US funds. Price to book just under 3x. Exceptional management (money counters and easy talkers) and with the addition of the ELY duo (feet on the ground experienced practical type guys) this should make for a very strong team.

Lynx9
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Dealroom for high-potential pre-IPO opportunities