Bullboard - Stock Discussion Forum Elemental Altus Royalties Corp V.ELE

Alternate Symbol(s): ELEMF

Metals & Mining Gold

Elemental Altus Royalties Corp. is a Canada-based precious metals royalty company. The Company has about 11 producing royalties and a diversified portfolio of pre-production and discovery stage assets. It is focused on acquiring uncapped royalties and streams over producing, or near-producing, mines operated by established counterparties, as well as generating royalties on new discoveries. The... see more

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TSXV:ELE - Post Discussion

Elemental Altus Royalties Corp > Here's the problems:

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Post by FastFF on Feb 15, 2022 2:04pm

Here's the problems:

with ELE arguements:

1) the stock did nothing but go down after listing, so obviously investors didn't see the near-term potential ELE claims, or have faith in management. Price is Truth. Investors didn't respect ELE, management couldn't right the ship, so GROY swooped in at bottom. Who is the smart one??

2. Bigger/better royalties like FNV and WPM significantly outperformed over the same time period. Fact.

3. Management owns only 15% - better for them to keep the steady paycheck coming, than out looking for jobs.

4. The GROY agrument that bigger is better is valid. Even if they are 'stealing' ELE shareholders will do better if GROY becomes a 'go to' name - ELE has zero chance of getting big institutional money at this size. None. Nada. Zippo.

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