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Green heading into the afternoon trading session.
ELYGF
Ely Gold employs a unique royalty based revenue model. The company maximizes their claims value and organically creates royalties for its equity portfolio when it sells its properties. https://www.privateequitymarkets.us/newsletter/elygf-this-gold-company-has-quietly-been-amassing-a-nice-portfolio-of-gold-royalty-assets
$ELYGF
$ELYGF ELY GOLD’S ROYALTY GENERATION MODEL
• All Option Properties will generate royalties, if exercised
• Partners have an option to control 100% of a property
• Option Only - NO Joint Ventures
• Allows for royalty type overhead
• Scalable model allows for maximum property leverage
• Maximizes cash flow
• Allows for partner upgrades
• Typical option contract:
• 4 years with escalating and balloon payments
• Data rooms for all properties
• Large inventory of projects for sale
$ELYGF assets https://elygoldinc.com/properties/property-overview
That is good to know.
ELYGF
Very nice presentation Zig.
ELYGF
$ELYGF DHI Minerals is a wholly owned, Reno based, subsidiary of Ely Gold Royalties.
Ely Gold's upside case in the Junior Royalty Space
https://elygoldinc.com/assets/docs/presentations/2019-07-11-CP-ELY.pdf
$ELYGF
The three of the purchased four gold royalties in 2019 are projected to deliver cash flow this year. The Company’s working capital position is up to $3.6 million in cash and tradable securities and the Company projects revenue to exceed US $3 million in 2019. The company's market capitalization is now over $19 million dollars, which is three times higher than it was 18 months ago. https://www.privateequitymarkets.us/newsletter/elygf-this-gold-company-has-quietly-been-amassing-a-nice-portfolio-of-gold-royalty-assets
ELYGF
$ELYGF is actively seeking opportunities to purchase existing third-party royalties for its portfolio and all the Company's option properties are expected to produce royalties, if exercised.
$ELYGF's 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
An agreement with Contact Gold https://finance.yahoo.com/news/ely-gold-royalties-signs-much-140600919.html
$ELYGF
Check out the new Investor Presentation
https://elygoldinc.com/assets/docs/presentations/2019-07-11-CP-ELY.pdf
$ELYGF
That looks good Bud.
ELYGF
Nice way to start out Zig.
ELYGF
$ELYGF Looking good https://elygoldinc.com/investors/stock-quote
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. All portfolio properties are sold or optioned on a 100% basis, while the Company retains net smelter royalty interests. https://elygoldinc.com
$ELYGF
Nice interview there Zig.
ELYGF
It does look thin Bud.
ELYGF
Ely Gold's royalty portfolio includes fully permitted mines, mines under construction and development projects that are being permitted for mine construction. Ely Gold is well positioned with its current portfolio of over 20 available properties to generate additional operating revenue through option and sale transactions. https://elygoldinc.com
$ELYGF
The management believes that due to the Company's ability to generate third-party royalty agreements, 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 mineral royalties.
ELYGF
The purchase price paid to Fremont for the Option Agreement, was 300,000 McEwen shares. Ely Gold did not receive any compensation for consenting to the sale.
The Gold Canyon Claims are located within McEwen's Gold Bar Mining Complex on the Battle Mountain-Eureka Trend. McEwen achieved commercial production at Gold Bar on May 23, 2019 (see news release, May 23, 2019). The property was previously operated by Atlas Gold Mining Corp from 1986 to 1994. The Gold Canyon Claims are located only 900 meters northwest of the Gold Ridge ore body and on trend with the larger Gold Pick ore body. Gold Pick and Gold Ridge contain the majority of the reserves at Gold Bar. (Refer to Form 43-101 F1 Technical Report Feasibility Study Eureka County, Nevada filed on Gold Bar, March 30, 2018 available on SEDAR and at www.mcewenmining.com) https://finance.yahoo.com/news/ely-gold-royalties-announces-sale-103000263.html
ELYGF
Ely Gold Royalties Inc. is a Vancouver based, emerging royalty company with development assets focused in Nevada and the Western US. Its current portfolio includes over 20 Deeded Royalties and 20 Optioned Properties. The Company is actively purchasing existing third-party royalties for its portfolio and all the Company's Option Properties will produce royalties, if exercised. https://elygoldinc.com
$ELYGF
The Company's Royalties Overview: https://elygoldinc.com/properties/royalties
ELYGF
They are in a nice position with those.
ELYGF
That was a nice update Rob.
ELYGF
SmallCapPower spoke with Ely Gold's Mickey Fulp from the PDAC 2019 Convention
$ELYGF Barchart Quote https://www.barchart.com/stocks/quotes/ELYGF
In 2018, $ELYGF generated an estimated $2,000,000 in recurring revenue and $1,000,000 in cash flow from its current portfolio. This includes advance royalty, option and stock payments.
$ELYGF The Results of Annual General Meeting of Shareholders and Grants Stock Options https://finance.yahoo.com/news/ely-gold-announces-results-annual-175100732.htm
Trey Wasser, Ely Gold's President & CEO commented, "We are pleased to add another high-quality exploration partner to our option portfolio. With the recent strength in gold prices and gold stocks, this will be an excellent asset addition to our equity portfolio."
https://finance.yahoo.com/news/ely-gold-royalties-signs-much-140600919.html
$ELYGF
$ELYGF company 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. https://elygoldinc.com/investors/about
Ely Gold Royalties Signs Much Anticipated Option Agreement with Contact Gold
https://finance.yahoo.com/news/ely-gold-royalties-signs-much-140600919.html
$ELYGF
The Gold Canyon Property Includes 26 Unpatented Mining Claims of a Past Operating Gold Mine That Produced 41,000 Ounces https://finance.yahoo.com/news/ely-gold-royalties-announces-sale-103000263.html
$ELYGF
The limited modern exploration at Gold Canyon includes (1) a very positive sampling and metallurgical testing program conducted by Ely Gold in 2016 (see Ely Gold press release dated August 8, 2016); (2) a five-hole RC drill campaign completed by Fremont in late May 2018 (see Fremont press release dated July 25, 2018). Highlights of that program included Hole GCR-3 which intersected 2 separate mineralized horizons: 16.8m @1.9 g/t Au from surface and 6.1m @ 1.8 g/t Au from 51.8m to 57.9m. Hole GCR-2 which intersected 18.3m @ 1.1g/t Au, including 9.2m @ 1.7 g/t Au just beyond the northeast end of the Gold Canyon pit. This hole demonstrated that mineralization continues to the northeast beyond the historical production; (3) a geochemical sampling program, by Fremont in 2018, that identified additional drill targets at Gold Canyon, (see Fremont press release dated December 18, 2018).
ELYGF
$ELYGF on alert, news out: Gold Canyon Property Includes 26 Unpatented Mining Claims of a Past Operating Gold Mine That Produced 41,000 Ounces https://finance.yahoo.com/news/ely-gold-royalties-announces-sale-103000263.ht
ELYGF's President & CEO commented, "We are pleased to see our exciting Gold Canyon property in the hands of McEwen Mining. This adds to our portfolio of properties and royalties that are "in and around" producing mines that are owned by the high-quality operators of those mines. We wish to thank Fremont for advancing the project and congratulate them on a successful transaction with McEwen." https://finance.yahoo.com/news/ely-gold-royalties-announces-sale-103000263.html
That is how I interpret it Seeker. imho
ELYGF
That is low float. Got to love it.
ELYGF Announces Sale of Gold Canyon Option to McEwen Mining
https://finance.yahoo.com/news/ely-gold-royalties-announces-sale-103000263.html
News hitting the radars this week!
ELYGF
They've put out a lot of great news recently!
https://www.otcmarkets.com/stock/ELYGF/news
Ely Gold's President & CEO commented, "We are pleased to see our exciting Gold Canyon property in the hands of McEwen Mining. This adds to our portfolio of properties and royalties that are "in and around" producing mines that are owned by the high-quality operators of those mines. We wish to thank Fremont for advancing the project and congratulate them on a successful transaction with McEwen."
$ELYGF
The Gold Pick and Gold Ridge contain the majority of the reserves at Gold Bar. (Refer to Form 43-101 F1 Technical Report Feasibility Study Eureka County, Nevada filed on Gold Bar, March 30, 2018 available on SEDAR and at www.mcewenmining.com)
ELYGF
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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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