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ELYGF: effective Aug. 24,2021: Plan of Arrangement. Shareholders of Ely will receive consideration per common share of Ely of either (i) 0.2450 of a Groy common share (each a "Groy Share"), plus C$0.0001 in cash (the "Share Alternative"); or (ii) 0.099166 of a Groy Common Share, plus $0.869053 for each common share of Ely (the "Cash Alternative"), resulting in a maximum aggregate cash consideration of C$84 million.
FINRA will delete the symbol:
https://otce.finra.org/otce/dailyList?viewType=Deletions
Wait a minute !.....THAT'S not right.....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164539604
THIS is what those guys did last night :
And yet last night, they were showing THIS :
What's going ON here ?......Bigcharts data........How so often weird !
Oh well
Well if groy keeps going up we will see that if we take the stock swap.
1.45 CAD not USD =.7624 x1.45= $1.10 USD
Yes, have U seen who's buyin' 'em (and/or whom they are merging with) ?....
Kinda leaves me scratchin' my head
I'm like.....huh ?
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=groy&x=49&y=10&time=100&startdate=3%2F1%2F2020&enddate=7%2F11%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Kinda cheap!
Take Over / Merger
https://ceo.ca/@newsfile/gold-royalty-and-ely-gold-to-combine-to-create-a-leading
Don't understand tho - The offering price = 1.45-ish - so why ain't it trading up THERE ?
Should've added on the pullback - he-he-he - Darn !
Cagey bass-turds - Workin' HARD....* At keeping gold stocks depressed
Held off adding to ELY - Need greater confirmation
https://elygoldinc.com/news/2021/ely-gold-royalties-reports-year-end-financials
yest
Today
Gold's gonna start gettin' perceived as a value-play (I HOPE !)....
FRIDAY
NEXT DAY
https://www.youtube.com/watch?v=TkTFc_mg03c
March 2nd
Hey MrBubba - super bullish on ELY as well. Have you revisited your assessment after all the great moves in Q2-Q4?
It could be. If they execute well on their strategy.
VALUE IN SYNC NOW
Metalla 34.8M sh O/S x 6.10/sh = 212M market cap
Abitibi 12.5M sh O/S x 16.14/sh = 202M market cap
ELYGF 157.2M sh O/S x 1.33/sh = 209M market cap
So, Ely's value has been "adjusted" to very close to other comparable stocks.
Can the price of gold take us even higher?
Really, WILL this be the next FrancoNevada? The next Royal Gold? Trey might be SERIOUS when he says this on their June presentation!
Good Heavens - Is my prediction of US$1.43 going to come true?
Today must be ROCKET MAN day! We had news about an NSR on the Olympic Gold property (Nevada) on Friday, but I wonder if THAT is what is attracting all the attention? As I've said in the past, when you compare the market cap of this company with reference to other companies similarly situated, it is WAY undervalued - personally, my opinion is ELYGF should be trading for at least US1.43.
ELYGF NEWS! Going to the OTCQX. Must Read: https://privateequitymarkets.us/newsletter/press-release-ely-gold-royalties-announces-listing-to-the-otcqx
JUST MY OPINION: But when you compare the market caps of the two other royalty streaming companies, per the data from ELYGF's January, 2020 update, ELYGF is WAY undervalued. My computations indicate the share price of ELYGF should be about 1.79, and that's using the LOWEST market cap of the other two companies (Abitibi and Metalla). Do your own due diligence.
52 Week High today !!!!
Just getting started here and completely under the radar - Still has lots of room to the upside
So, we purchased a producing royalty. I'm assuming we got it at a nice "discount"? Somebody in desperate need of cash? These things don't just happen because somebody (Sprott) is charitable/magnanimous.
My pleasure.
Thanks for the information!
Registration link to Ely webinar on Thursday (should be interesting to say the least): https://register.gotowebinar.com/register/7099413944312858881?source=MC
FTman - Did you really hear there is going to be a buy-out?
Just putting a pencil to it, my computations indicate that when we compare the market caps of other two emerging gold streamers (Abitibi and Metalla), ours should be about the same market cap and our resulting share price would be about 1.79 (and that's going with the LOWER of the other two market caps, that of Abitibi, and using our outstanding of 127M shares - it could be as high as 2.01 using Metalla's market cap). I know that's kind of an "convenient" and unrefined way of looking at it and that there are other factors, but there is definitely a low valuation going on here with ELYGF.
Sure would be nice to know what's going on with this one. Is the news that was referenced in the market halt the news that we ALREADY know about? Or is there some other news coming down? Somebody mentioned we might get bought out? Hmmmm .......
Get ready for some news tomorrow morning - thinking it is going to be really good.
https://www.marketscreener.com/ELY-GOLD-ROYALTIES-INC-60951418/news/Ely-Gold-Royalties-IIROC-Trading-Halt-ELY-29744305/
This is what I found concerning the halt.
Yes - it halted @ 12:44pm ; post the press release you referenced.
Still expecting a buy-out from another royalty co.
The following was announced at 6:30am this morning:
Ely Gold Royalties (TSXV: ELY) (OTCQB: ELYGF) Options Important Tonopah Patented Claims
https://finance.yahoo.com/news/ely-gold-royalties-announces-equity-233000214.html
Is there something else coming?
Halted !!!!!
Expecting really good news here !
Nice Corporate Profile on ELYGF: https://privateequitymarkets.us/ely-gold-royalties-inc-otcqbelygf
Getting re-valued as we speak.
:)
Compared to the big royalty companies, this one will much more % gains, already starting....
This is going to be one for the ages :)
Eric Sprott and Rick Rule own 49.9%
They are inside on many great deals.
Other royalty companies are very good - ELY is not diluting ; even better !!!
Indeed, we go !!
Big breakout coming ... if so expect fireworks
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Ely Gold Royalties Inc. is a North American emerging royalty company with producing and development assets focused in Nevada and the Western US. Its current portfolio includes a number of Deeded Royalties and Optioned Properties, which are currently generating revenue. All portfolio properties are sold or optioned on a 100% basis, while the Company retains royalty interests. All the Company’s Option Properties will produce royalties, if exercised.
Ely Gold’s royalty portfolio includes producing royalties, fully permitted mines, mines under construction and development projects that are being permitted for mine construction. The Company is currently purchasing third-party royalties to add to its portfolio.
The Company is well-positioned with its current portfolio of over 20 available properties to generate additional operating revenue through option and sale transactions. The Company has a proven track record of maximizing the value of its properties through claim consolidation and advancement using its extensive, proprietary data base.
Management believes that due to the Company’s ability to generate royalty transactions, its successful strategy of organically creating royalties, its equity portfolio and its current low valuation, Ely Gold offers shareholders a low-risk leverage to the current price of gold and low-cost access to long-term gold royalties.
https://elygoldinc.com/
Ely Gold Royalties Inc. has a unique business model designed to create value for investors without excessive dilution of its shareholders. Through its wholly owned subsidiary, Nevada Select Royalty, Inc., the Company is focused on developing recurring cash flow streams through the acquisition, consolidation, enhancement, and resale of highly prospective, un-encumbered North American precious metals properties. Ely Gold’s property development efforts maximize each property’s potential for acquisition, while reserving significant royalty interests. The Company’s experienced management team has a proven track record staking/acquiring properties, then developing the projects through claim consolidation and data compilation to provide its clients with fresh properties that have not see exploration in the current mining cycle. The properties are vended on a option or sale allowing the purchaser to own a 100% interest. The option and advance royalty payments provide growing cash flow streams. The Company also acquires equity interests in the shares of mid-tier gold producers in lieu of some cash payments. Ely Gold is also purchasing existing royalties from third parties. Its recent acquisition included three Nevada royalties and one Canadian property. All of our deeded royalty properties are currently being explored by established mining companies. As a property developer, Ely Gold continually carries on an exploration program to maximize property values while offering shareholders the blue-sky of a significant resource discovery.
This multi-level business plan is a significant improvement on the typical project generator/joint venture model. It allows the Company to maintain a large portfolio of properties and generate significant deal flow. Shareholder value is highly levered to the price of gold. As prices increase, we see growth in the value of our properties, the cash flow from our option portfolio, our equity investments in mid-tier/junior companies, a higher market valuation on our growing royalty portfolio and the blue sky of our exploration program.
Ely Gold currently owns a 100% interest in over 20 highly prospective, primarily un-encumbered precious metals properties in Nevada. The majority of its properties are gold exploration projects located in some of the most prolific and desirable gold trends in Nevada. Ten of the properties, are located in the Walker Lane district of western Nevada and ten are located in the Cortez Trend. The balance of the properties are unique situations throughout Nevada and surrounding western states.
Common Shares O/S: | 99,640,929 |
Total Shares Fully Diluted: | 127,225,583 |
Options: | 8,100,000 |
Warrants: | 19,664,654 |
Stock Price: | $0.38 |
Market Cap: | $36,527,000 |
Unrestricted Cash: | $3,200,000 |
Investments: | $900,000 |
Total Debt: | $650,000 |
Enteprise Value: | $33,977,000 |
TSX Venture Exchange: ELY.V
OTC Bulletin Board: ELYGF
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