Ely Gold Royalties Inc ELYGF

Share price smash over done

[AngelEyes3]

Given the current price of gold and silver ELY shares have taken it on the chin. Yes they moved fast  earlier this year, but we already have seen a correction of 34 percent already from the high of over 2 dollars in June. But if you noted several companies that ran hot early has stalled and been correcting as of late. Currently royalty plays are not in favour compared to the junior and companies drilling.

[Shylockreturns]

AngelEyes3 - Not to split hairs but the correction thus far has been from a high of $2.09 to 1.51.  That is 28%, not 34%. How about Metalla?  Has that been correcting? No. Royalty plays are no less in favor than they ever were.  That is non-sensical.  Gold miners mine gold and sell it for money.  Royalty companies derive the same money from royalties.  What, pray

[AngelEyes3]

No I am long this company. you are using the high price for your precentage while I was using the current price of 1.51. I did it .58/1.51 while you were using .58/2.09.. That is why we had the difference in price. If you noticed that I stated in my title smash overdone. How in the world from that title did you come to the conclusion of accusing me of shorting the shares. I would avdise you to be

[Shylockreturns]

AngelEyes3 - And I would advise you to be careful with your language. FYI I did not "accuse" you of being short.  I asked you if you were.  Big difference. What is obvious is that you are way too touchy for some reason.

[AngelEyes3]

You asked a question that had an implied assumption. How else would someone cosider this question. You ignored the title of my subject and jumped to a conclusion under the cover of a question. I have been involved with investments for most of my life and therefore when someone makes that type of a question they are implying something, So lets drop it becuase it is obvious that we will not agree on

[Shylockreturns]

Well, yesterday was not enough for you so here you are back at it again today. Currently royalty plays are not in favour compared to the junior and companies drilling. This is what you wrote.  And as for the title of your post, I can derive far more meaning from the content than the title. When a new poster shows up on a board with no posting history on that board and makes a statement

[colt45acp]

Well shylockreturns as well meaning you are  in your post to cyanide5 may i say his favor for dividends may say he is sluming it down here .The brave at heart  eak out a profit in a ever high risk but sometime rewarding out come. Still his outlook has merit as he sees yours has merit. sO ALL IN ALL we all must know what we are doing were in ELY ipso we must know what we are doing. God

[cyanide5]

Uncle Trump just signed executive order for more free money for all. This should bode well for PMs next week and put pressure on the dollar!  is the 10-20% correction in miners done and gold almost back to just over 2k...  time will tell but all ducks seem to be in a row again...

[Shylockreturns]

Not one in a million of the U.S. population comes even close to understanding that for every dollar "printed" without being backed by something tangible, something of value, that dollar is worth less and less the more of them that are printed. Hence, everything becomes more expensive in nominal dollar terms. In any place of commerce, such as a clothing store or a grocery store, how

[AngelEyes3]

Money by definition is a store of wealth therefore federal notes are not money

[AngelEyes3]

Cheers!!