WLBMF - Ely Gold Royalties Could Be A 10-Bagger Based On Similar Emerging Companies In This Space
Ownership of quality gold royalty companies can be a lucrative manner in which to gain exposure to gold. A royalty company typically earns a gross or net profit from each ounce produced on their property and avoids the risks of mine construction, labor, energy costs, and overall capital expenditures - including exploration. Ely Gold Royalties (ELYGF) deserves consideration for those speculative investors looking for a potential ten-bagger.
Here is an example of why I think Ely can become a ten-bagger. Look at the huge appreciation of similar small royalty companies as they matured into Juniors.