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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 > Rick Rule who owns 20% - Interview on gold
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Post by lookslikeawin on Jan 22, 2020 7:37am

Rick Rule who owns 20% - Interview on gold

His partner Eric Sprott also owns 20% of ELY and the rest of the float tightly held by insiders and large invesotrs.

Potential here to be explosive on a solid NR.




https://www.kitco.com/news/video/show/VRIC-2020/2672/2020-01-21/Gold-is-like-life-insurance-Rick-Rule-has-never-seen-this-in-his-life#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DVRIC-2020
Comment by FastFF on Jan 23, 2020 12:50pm
I don't think your ownership numbers are correct, but, what I wrote here years ago, still applies: This is the kind of story/company that makes it biggest moves late in the gold bull, when investors figure out they have the lock on Nevada. I'm in starting from $3.5 and holding for many more years. All the move now is just setting the stage. Years to go. Try not to get obsessive about ...more  
Comment by lookslikeawin on Jan 23, 2020 1:21pm
Not sure what you mean ? My ownership numbers are from the companies presentation. Look at page 3. CURRENT SHARE STRUCTURE 11% Management and Insiders 25% Tightly held by long-term shareholders 19% Exploration Capital Partners (Rick Rule) 19.9% Eric Sprott (includes LOC) https://elygoldinc.com/assets/docs/presentations/ELY-PPT-JAN-10-2020-UPDATE-F.pdf
Comment by livinggreen on Jan 29, 2020 4:20pm
This post has been removed in accordance with Community Policy
Comment by shav3 on Jan 23, 2020 1:30pm
ELY has royalties on GORO's Nevada properties; GORO has reached commercial production at Isabella Pearl and will be drilling more adjacent properties soon, expecting even higher grades. ELY royalties. will be growing for many years. A buy and hold and add for me.
Comment by silverT on Jan 23, 2020 4:19pm
Smart move...........Isabella Pearl Royalty & Satellite Royalties Gold Resource Corporation (NYSE American: GORO) announced that its Isabella Pearl Mine had reached commercial production in a press release dated October 7, 2019. On October 21, 2019, Ely Gold announced the closing of its purchase of a 0.75% gross receipts royalty on certain claims at the Isabella Pearl Mine from a private ...more