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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 > the Record Day
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Comment by Redrum180on Jul 29, 2021 12:01pm
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Post# 33623456

RE:RE:RE:RE:RE:the Record Day

RE:RE:RE:RE:RE:the Record Day     Just one question.  If you like ELY's assets, why not take GROY stock in exchange?

     You apparently trusted management when you made your investment in ELY and they have acquired quality assets.  There are synergies that will be created by the combination.  I have to trust that ELY management negotiated the best deal they could get.  The Gold Royalty IPO was very successful and that company will get a nice leg up with this exchange.

     Just curious; you may know more than I do about this; has Sprott announced he will be seeking the cash or will he exchange his shares for stock?  You said he's going to "take the money and run."  I don't get that from reading the NR about his support for the arrangement.
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