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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 > For all the people that missed out on ELY buy some CMD
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Post by StockMasterGods on Jun 10, 2020 4:39pm

For all the people that missed out on ELY buy some CMD

You may want to have a look at CMD.  A prospect generator royalty company that looks like ELY about a year ago.  ELY should still double from here when they get the US listing.  There is no need to roll the stock back.  For a NY listing the stock has to maintain above $1 I believe.
Comment by colt45acp on Jun 10, 2020 5:23pm
STOCKMASTERGODS- Preety sure it is a 4.00 level. Seem the plan is NYSE listing at the exspence of a R/S if you like it or not. Seem to me ELY will double SP without NYSE listing and sooner than later. We all have choices and so be it.  I think there must be a vote but if the big boys want it ,it is done deal. glta
Comment by StockMasterGods on Jun 10, 2020 5:31pm
Here is a release from PD on continued listing requirements for NYSE. PRECISION DRILLING ANNOUNCES RECEIPT OF CONTINUED LISTING STANDARD NOTICE FROM NYSE Precision Drilling Corp. on March 24 received formal notice of non-compliance with the New York Stock Exchange share price continued listing standards, which require a listed common stock to maintain a minimum average closing price of $1 (U ...more  
Comment by colt45acp on Jun 10, 2020 5:41pm
i AM SURE jIMBOJIM WILL show you the error of thinking.
Comment by colt45acp on Jun 10, 2020 5:45pm
All in at .15 average out if a R/S @ 70  old not in love with the stock but still have time to find an other jem. glta.
Comment by 2buyornot2buy on Jun 10, 2020 6:31pm
You can see the $4 listing requirement here: https://www.nyse.com/publicdocs/nyse/listing/NYSE_Initial_Listing_Standards_Summary.pdf Maybe $1 is to maintain the listing once you're there. Both Metalla (1:4) and Equinox (1:5) consolidated while above $1, if it was only $1 there wouldn't have been any need to.
Comment by jimbojim on Jun 10, 2020 7:28pm
Exactly ! Sometimes the shift!
Comment by jimbojim on Jun 10, 2020 7:31pm
Oops ! Fat fingers ! Make that "Sometimes the SHTF "
Comment by StockMasterGods on Jun 10, 2020 11:01pm
If they have the buyers lined up in the US then a rollback would make sense otherwise.....
Comment by riywel on Jun 11, 2020 12:14am
This post has been removed in accordance with Community Policy
Comment by riywel on Jun 12, 2020 1:12am
This post has been removed in accordance with Community Policy
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