Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Not impressed with with the deal
View:
Post by AngelEyes3 on Jun 21, 2021 11:43am

Not impressed with with the deal

Wel had 4 producting assets and they have none. Why is it trading at such a value given that our propeties are in my humble opinion at first glace far better deals and potential. So Sprott must be seeing something I am currently missling. I thought the share price was suppressed and now I have the reason. The share price will move towards the 1.46 being offered in cash as we get closer to the closing date. I for one need to see the value here or leave.
Comment by colt45acp on Jun 21, 2021 11:56am
tHINK THE BIG SHAREHOLDERS on ELY want the LISTING ON THE NYSE and this sure will get them there. No R/S needed here, great by me. Not sure but i think this would be quickest and cheapest way of doing if not the smartist way. (JMO). sTILL, WOULD LIKE TO SEE IF WE GET A HIGHER OFFER FROM OUT THERE , JUST SAYING. GLTA.  wHAT SAY ALL OF YOU.
Comment by Stocks6427 on Jun 21, 2021 1:34pm
this is a horrible outcome for shareholders.  GROY has no cash generating properties and the property they do have do not have near the potential of Elys property.  Horrible deal.  Interesting to see Trey posting on GROY bull board since early March 2021  
Comment by knowchance on Jun 21, 2021 2:15pm
I agree.  Goldroyalty Was spun out of Goldmining inc. They have lots of properties and very big backers. Katusa, Lundine, Amir Adnani, . These are big players with very strong backing. I still say at this point we help them more than they help us. I would like a larger premium or a different offer from a different company . Just my opinion. Good luck to all 
Comment by Lynx9 on Jun 21, 2021 12:27pm
I have to agree! Trey, after spending years developing this company into a well placed gold royalty future money machine either wants to cash out or a new gold company that has most of its non producing royalties in "sh.. hole, wannebe socialist countries" needs someone to stear them to better opportunites. Probably a combination of both! Hoping for some buyout competition.
Comment by knowchance on Jun 21, 2021 12:56pm
I agree  . Ely gold was at 2.00 canadian last summer and 1.20 in April. Weseem to have further advanced projects as well. Personally I think  ELY and NSR would be a better combination..I also think 2.00 or higher would be a fair value.  Timing is of importance with most estimates for gold in excess of 2000 or higher by year end. Two months from now a producing royalty should be ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities