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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 > Something is wrong
View:
Post by BadgerBob on Jun 24, 2021 1:23pm

Something is wrong

Something is starting to smell. The arbs aren't this stupid.  ELY should be trading
about 1.35 by now.  Somebody sees something in the offer that they don't like.  Still unclear.
Comment by cdnpatriotman on Jun 24, 2021 1:37pm
IMHO, the big guys are manouevring to keep a lid on ELY share price so most of the small investors will sell, by fear of something fishy,  at a lower price than the offer. Who wants to buy ELY at 1.28 when there is a ton on the sell side at around 1.30? 
Comment by BadgerBob on Jun 24, 2021 3:20pm
Nah I can't buy that.  Too much volume.  Almost 30 million shares  traded since announcement and not much price movement?  Add in the 40% move in GROY. TOO WEIRD.
Comment by cdnpatriotman on Jun 24, 2021 4:28pm
30 M shares sold at 10 to 20% discount of the bid offer and 40% of the GROY share price value offer. Yes, this is weird.  
Comment by woolco999 on Jun 24, 2021 5:08pm
Starting to catch up fast....big buyers seeting it now... 1.34...closed at high......should open higher tomorrow..... Monday will be very big as weekend discussions occur. GLTA as we head to $2 Ducks in a barrel....bought more today.
Comment by colt45acp on Jun 24, 2021 6:34pm
Does GROY have any BB MEMBERS and SP 6.66 ( 666) WIERD OR WHAT ? jUST SAYING . GLTA.
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