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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 > This is still being held back
View:
Post by buyholdsell002 on Jun 30, 2021 11:40am

This is still being held back

ELY was range bound for along time around $1.......evident now why it was. Then GROY spikes to $6.50 plus on day news broke then gets dragged back down to be inline with the 'ratio'....so now both ELY & GROY are being subdued/manipulated down until this closes while parties accumlate before a run up in share price post merger/when deal closes.....this is both sad & disgusting. Fundamentals alone should have had ELY trading in the 1.30-1.50 range prior to this merger.....but this has evidently been in the works along time since Trey said in recent video they were in discussions last year even prior to GROY being listed. Once this transaction is complete i have no doubt GROY will surge to the $8-10 range...but overall sad the way this is unravelling. Anyways....im taking my $ and rolling it into SAILFISH Royalty as it is the next best one imo with the most upside potential/catalysts in the next 3 to 6 months...not to mention is definitely a take over target. Sailfish will spin out a silver company to shareholders in next month or 2 and is/will considering paying a dividend.
Comment by theman0 on Jul 05, 2021 10:26am
Sailfish needs to get on a reputable exchange. My ten foot pole is out and I won't touch them.
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