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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

Ely Gold Royalties Inc > ELY will Break $0.50 and Explode Towards $1 Very Soon!
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Post by thseeker1 on Oct 24, 2019 6:42pm

ELY will Break $0.50 and Explode Towards $1 Very Soon!

More NIA Comments:

Ely Gold Royalties (TSXV: ELY) will break $0.50 and explode towards $1 per share very soon, in our opinion! Gold Resource Corp (GORO) is up by 4.5% today to $4.08 per share and has now gained by 34.2% during the month of October due to the HUGE success of their new Isabella Pearl gold mine in Nevada that is rapidly ramping up production and ELY holds a 0.75% royalty in the main gold resource and larger royalties of between 2% and 3% in the surrounding gold claims that GORO is now aggressively exploring to extend the mine life of Isabella Pearl! ELY will begin to report HUGE royalty revenues from GORO in their upcoming 3Q 2019 results!
Comment by Austrian007 on Oct 25, 2019 10:54am
If Ely can add 1 or 2 more royalties, then we should definitely be a $1+ stock next year.... and from what Trey has been saying in the conference calls, it looks more than a possibility at this point... lets see what they can deliver in the next 2 months. 2019 has indeed been a fabulous year... Trey & team have pretty much delivered on what they set out for themselves at the start of the year ...more  
Comment by aulion on Oct 25, 2019 4:06pm
Wallbridge in full breakout mode after Sprott's comments today. This is great for ELY.
Comment by Austrian007 on Oct 25, 2019 11:13pm
Eric thinks Wallbridge could easily be a 20M+ ounce deposit.... perhaps much bigger than that as well... Just think of a 2% value of that for Ely...at 1500 gold, we are talking about 30B for wall bridge and 2% of that would work out to 600M USD.... Ely is trading for just 5% of the value of this one income stream for them..... We have a fabulous run ahead of us... a 4 to 5 fold run in the ...more  
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