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Bullboard - Stock Discussion Forum Ely Gold Royalties Inc ELYGF

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... see more

OTCQX:ELYGF - Post Discussion

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Post by canusa on Jun 15, 2019 2:48pm

Sprott

Mentioned Ely in his weekly wrap yesterday. He's pretty happy about the potential of this company if Gold goes where he sees it going.  Should get interesting in the weeks and months ahead....
Comment by Austrian007 on Jun 17, 2019 6:03am
Is this the company he talks about having a M.Cap of 25M but can make a PATof 50M...? Cheers,
Comment by canusa on Jun 17, 2019 1:22pm
one would assume so! cheers!
Comment by Austrian007 on Jun 18, 2019 12:43am
I don't think so.... Ely is not as leveraged to gold price as the producers.... ofcourse also implies that our downside is very limited. I wrote to TF and he was not aware of the company as well.... perhaps will write to ES and check...
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