Hallo,
interessante Royaltie Aktie mit Schwerpunkt Gold und Silber in Nevada.
Website: https://elygoldinc.com/
Sprott ist auch dabei: hier
In a recent interview with Ellis Martin in Vancouver, the President and CEO of Ely Gold Royalties, Trey Wasser, said that the Company has been diligently working on building a royalty portfolio using a two-pronged approach. First, they are purchasing producing or near-term producing royalties. Secondly, they generate royalties by staking and consolidating property packages that are sold with a retained royalty.
Wasser said that, starting with one royalty property in 2016, Ely Gold currently has 33 deeded royalties and 20 properties that are in the sales process, under a 4-year option contract. Most of the royalty and option properties are in Nevada. Many of them are situated near producing mines.
Ely Gold’s existing portfolio generates revenue from their producing royalties and from entering into sale contracts on properties they own while retaining some royalty rights. They expect total revenues to exceed $3,000,000 in 2019.
He also mentioned Ely Gold has been able to buy royalties on a very interesting project based in Quebec, Canada, the Fenelon Mine operated by Wallbridge Mining. The Company also purchased a producing royalty on the Jerritt Canyon Mine, in Elko County, Nevada, owned by Eric Sprott. The Company is continuing to grow the portfolio every day.
Wasser further explained that since it’s a royalty company, Ely Gold has a very low overhead with no exploration personnel or costs.
When asked why the Company has focused its efforts in Nevada, Wasser said that Nevada has proven to be the number one mining jurisdiction in the world; and, from an operational point-of-view, it’s accessible year-round.
It should be noted that Nevada is also the 4th largest producer of gold in the world and is considered one of the most reliable places for finding gold.
Wasser also highlighted this fact by mentioning that Nevada is continuing to reveal major deposits of gold. And, it doesn’t hurt that Nevada is very business-friendly as well as the most mining-friendly state in the country.
What Sets Ely Gold Apart From Competitors?
It’s the two-pronged approach. The royalty generation program provides them with the developmental and exploration royalties, at no cost. In fact, this portfolio generates revenue that they then use to purchase producing royalties. Unlike their competition, who provide capital to explore and develop properties, they are able to focus on purchasing only royalty-proven properties that are, in fact, producing revenues.
The royalty business is a long-term game and Ely Gold’s business model is both scalable and sustainable. They are currently in the sweet spot for growth where every transaction moves the needle for shareholders
Ely Gold’s business model has certainly seen a substantial transformation in the last couple of years, thanks to the fact Nevada is still open for staking. Wasser noted that most of the properties sold by Ely Gold are not purchased, but staked, so the Company has a significantly low cost in the properties.
Jerry Baughman and Bill Sheriff are tasked with running the royalty subsidiary and between the two of them, Ely Gold has nearly 75 years of experience in the Nevada mining industry.
Wasser was quick to point out that both Baughman and Sheriff have played crucial roles in Ely Gold being able to identify and acquire top-notch properties in Nevada at little to no cost.
Baughman successfully built a royalty portfolio using this same business model. That portfolio has changed hands many times and Newmont Mining just sold it to Maverix Metals. Baughman joined the Company in 2016 with one royalty and about 20 properties.
William M. Sheriff aka Bill Sheriff is the Chairman at Golden Predator and is considered one of the top names in the royalty sector in the US. Ely Gold bought Sheriff’s portfolio of Nevada properties in 2017, which included several royalties and over 20 properties.
Trey Wasser has spent over 25 years as an investment banker, working with the likes of Merrill Lynch, Paine Webber and Kidder, Peabody & Co. He then went on to work in the venture capital industry for nearly 8 years before making the decision to get into the gold mining industry in 2006.
The Company spends little money on exploration and development as most of its efforts are focused on acquiring, staking properties, and consolidating property packages. By focusing on consolidating properties near producing mines, Ely Gold has executed multiple transactions with several companies including McEwen Mining and Gold Resource Corp.
That’s why Ely Gold’s cost of doing business is a lot less than other players in the same industry, making Ely Gold a favorite among the investors even in market downturns.
About the Company
ELY GOLD ROYALTIES INC.(TSXV:ELY; OTCQB:ELGYF) is a Vancouver-based emerging royalty company with assets focused in Nevada and the Western US. Its current portfolio includes 33 Deeded Royalties and 21 Properties being sold to retain royalties. Their portfolio includes two producing royalties and is currently generating significant revenue.
Ely Gold’s royalty portfolio includes producing royalties, fully permitted mines, mines under construction and development projects that are being permitted for mine construction.
LG Toni
Name und Kürzel geändert
Aug.2021 Edel
