Loading ...Ely Gold Royalties
This is the best performing stock in my portfolio. Someone mentioned it here, and I bought a bunch. It’s up over 55% since i got it. I also don’t know anything about it but a few articles here and there. Does anyone here have any idea how much this stock is worth? It seems to just keep going up, which means, with my luck, it will go straight down soon. I guess I need some encouragement from anyone one who has maybe thoroughly studied it.
Can’t help you with a lot of useful information. Its a royalty company, and royalty companies have been doing quite nicely, thank you.
I also bought some awhile back. Its been a pleasant surprise, especially lately.
If it crashes, at least you’ll have a sympathetic shoulder to cry on, Marcus.
https://elygoldinc.com/
https://elygoldinc.com/assets/docs/presentations/MAY-19-2020-Appendix.pdf
Thanks Silver Fox. It seems like an outlier that gets little coverage but keeps on truckin.’
I, too, own a wad of this one. Great org, very well run. Here’s the deal:
Ely Gold Royalties is a Nevada-focused royalty investment company. We generate revenue by selling mineral properties to mining companies while retaining a long-term royalty that pays us for the life of the mine. Our business model includes the purchase of existing royalties from third parties as well as optioned sales of properties that provide ongoing revenue and eventual royalties.
What sets us apart is our unique ability to assemble valuable land packages near producing mines, which we sell with a life-of-mine royalty to mine operators.
And this might explain why – besides the moves in the metals – their stock is doing so well.
https://elygoldinc.com/news/2020/ely-gold-royalties-closes-purchase-of-important-nevada-royalty-portfolio
This little tidbit should warm the cockles of any ELYGF shareholder: (from an investment newsletter)
ELY Gold Royalties (ELY.V)
Investor presentation
130.93 million shares outstanding;
$119.03M market cap based on its last trade at $1.10
ELY is an emerging royalty company with projects based in Nevada and the Western U.S.
Recent share price strength boosted the company’s market cap to > $100M. Shareholders are celebrating this newfound wealth.
The company’s royalty portfolio is extensive. It consists of royalties on 3 producing assets, 8 projects that’ll see production within three years, 22 development projects, and a plethora of exploration stage projects.
The company has an interesting chart in its i-deck making comparisons with its peers…
To generate this steep share price trajectory, newsflow has been steady over the past few months. The company’s acquisition spree continues.
Recent headlines include:
February 4, 2020 – Ely Gold Royalties (TSX-V: ELY, OTCQB: ELYGF) Announces Intent To Purchase Producing Royalty On Jerritt Canyon Mine, Elko County, Nevada
February 25, 2020 – Ely Gold Royalties (TSX-V: ELY, OTCQB: ELYGF) Options Tonopah West Project in Nevada to Blackrock Gold Corp.
February 28, 2020 – Ely Gold Royalties Acquires Key Nevada Royalty Portfolio
March 13, 2020 – Ely Gold Closes Purchase of Net Profit Royalty from Liberty Gold
March 30, 2020 – Ely Gold Royalties (TSX-V:ELY, OTC:ELYGF) Announces Closing of Additional Claims at Producing Gold Bar Mine, Nevada
April 3, 2020 – Ely Gold Royalties (TSX-V: ELY, OTCQB: ELYGF) Closes the Purchase of Tonopah Patented Claims
April 14, 2020 – Ely Gold Royalties (TSX-V: ELY, OTCQB: ELYGF) Closes Additional Carlin Trend Royalty
You see a trend developing here?
This is how you create shareholder value.
Over the past few sessions, the company dropped the following headlines:
read: Ely Gold Royalties (TSXV: ELY) (OTCQX: ELGYF) Announces Closing of the Purchase of Jerritt Canyon NSR
read: Ely Gold Royalties (TSXV: ELY) (OTCQX: ELYGF) Closes Purchase of Important Nevada Royalty Portfolio
It’s a challenge keeping up with this one.
I put this one on my watch list on 7/22/2019 and it was at 0.199. Like a lot of watch list candidates, I am still watching 330% later.