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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 > Anyone want to venture an educated guess
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Post by Shylockreturns on Jun 02, 2021 4:10pm

Anyone want to venture an educated guess

as to why Ely is performing so poorly?

It should be twice its present price.

On up days it does well to hold its price.  Forget gains.  On down days it is down for sure.

Trey, do you know anything about this?  Your shareholders want to know what gives here.
Comment by StillWatching on Jun 02, 2021 5:50pm
In the latest MD&A and financials it shows that the company broke even this year vs losing .02c per share in the previous year.  Nobody here has brought up the MD&A nor the financial report.  Trey put it out there. Now imagine how much money the company will make if gold reaches the levels that more and more analysts are starting to throw out there.   With that in ...more  
Comment by Shylockreturns on Jun 03, 2021 12:50pm
StillWatching - Very insightful analysis and very probably on the button. There is clearly something holding Ely back when it should be prospering, today's momentary latter day fling by the manipulators at suppressing the press in preparation for 28 June nothwithstanding. Yes, Trey needs to clear the air on any speculation of a reverse split.  If he indeed is anticipating such, the ...more  
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