Ely Gold Royalties Inc ELYGF

Why trading at 1.22?

[woolco999]

I am missing something?

When it is clear you can trade the stock for $1.46?

[theman0]

I am with you there! WHo is selling shares in the $1.20 ish range when the offer is $1.46?

[sagietje]

I probably, like many here, check out every royalty company out there, and buy into pretty much all off them, small or big, just to see where they are heading. Gold royalty is the only one, in a long time, I didn't want to buy when it started trading. It looks like a pure play on the hope of mass hysteria in gold. Lots of gold, little viability. The deal would give me more confidence when

[medvic1]

Probably many shareholders saw increase in sp 19% and decided to take a profit, maybe even not looking why increase happened. I just added twice more then I hold previously. Hopefully the deal will finalize in July.

[sagietje]

In my opinion, Gold Royalty was/is simply overvalued. And even if you choose cash, you'll probably get a part in Gold Royalty shares. Gold Royalty's projects are 90% owned by GoldMining; and GoldMining isn't spending any serious amounts on the projects. I think it is key for a royalty company, that the operators are meaning serious business.. They have no royalties on any projects

[AngelEyes3]

The share exchange ratio implies a mix of $0.42 in cash plus 0.1742 of a Gold Royalty(GROY) share per Ely share. .1742 x 4.50 + .42 = 1.2033 at the moment Complements from Frus

[colt45acp]

GROY trading .40 down .

[colt45acp]

SORRY DOWN .50 CENTS.