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In 2018, Ely Gold 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. A majority of the Option Royalty properties have active exploration programs and are being developed by partners comprised of majors, mid-tier gold producing companies. https://elygoldinc.com/assets/docs/presentations/RW-16-2-Ely-Gold.pdf
$ELYGF
Looks like another strong close here!
ELYGF
Green heading into power hour is always good to see.
ELYGF
The Sale of Gold Canyon Option to McEwen Mining https://finance.yahoo.com/news/ely-gold-royalties-announces-sale-103000263.html
$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.
This is a great Q&A session with Ely Gold Royalties ~ June 20, 2019
$ELYGF Barchart Quote https://www.barchart.com/stocks/quotes/ELYGF
$ELYGF DHI Minerals is a wholly owned, Reno based, subsidiary of Ely Gold Royalties.
I think we will see that soon.
ELYGF
That is a great Option Agreement.
ELYGF
Investor Fact Sheet ~ Ely Gold Royalties, Inc.
https://elygoldinc.com/assets/docs/presentations/ELY-FACT-SHEET-APRIL-2019.pdf
$ELYGF
Their 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
Nice Royalty overview Bud.
ELYGF
It does appear the seller is gone.
ELYGF
Company's Royalties Overview: https://elygoldinc.com/properties/royalties
ELYGF
$ELYGF assets https://elygoldinc.com/properties/property-overview
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
The Gold Canyon Claims are located within McEwen's Gold Bar Mining Complex on the Battle Mountain-Eurek $ELYGF
Thanks that is good to know.
ELYGF
I think they are very well positioned.
ELYGF
Ely Gold's upside case in the Junior Royalty Space
https://elygoldinc.com/assets/docs/presentations/2019-07-11-CP-ELY.pdf
$ELYGF
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
Agreement with Contact Gold https://finance.yahoo.com/news/ely-gold-royalties-signs-much-140600919.html
$ELYGF
I have to agree with them on that.
ELYGF
Ely Gold 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. https://elygoldinc.com
$ELYGF
You can say that again.
ELYGF
$ELYGF ~ Peer Comparison ~ Upside case in the Junior Royalty Space
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
Ely Gold Royalties was interviewed at the Metals Investor Forum January 2019
$ELYGF 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.
Check out the new Investor Presentation
https://elygoldinc.com/assets/docs/presentations/2019-07-11-CP-ELY.pdf
$ELYGF
$ELYGF currently owns a 100% interest in over 20 highly prospective, primarily un-encumbered precious metals properties in Nevada.
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
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 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
$ELYGF's current pipeline of Nevada gold properties is substantial with over 70 projects in play including 33 deeded royalties and 20 under sale/option to industry partners.
$ELYGF purchased four gold royalties in 2019; three of which are projected to deliver cash flow this year. The Company’s working capital position is up to $3.6 million in cash and securities and the Company projects revenue to exceed US $3 million in 2019.
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
Undervalued at these levels!
ELYGF
Same here, should be good!
ELYGF
Anxious to hear the report of cash flow from them.
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
Yes it is. There are a lot of positives here.
ELYGF
$ELYGF 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.
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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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