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Imagine owning Royal Gold (RGLD) in the early years when it first began. Today you would be very pleased with the decision to invest. ELY Gold is potentially that opportunity today.
The strategy of ELY Gold Royalties (OTC: ELYGF) is to create leverage to gold prices by collecting gold royalties after purchasing a project and reselling the project to a gold mine operator. When reselling the project, ELY typically retains an NSR or Net Smelter Royalty. A net smelter royalty is a royalty received based on the net