Tray Wasser, President and CEO of Ely Gold Royalties talks about the company’s 20 deeded royalties.
The key focus of Ely Gold Royalties is generating and purchasing royalties. We’re prospectors first of all so, we looking at projects that have had gold on them before in most cases, had some type of mining. We consolidate the properties and then option to them out to third parties who do the exploration and development. We focus mostly in in Nevada and the western United States and that’s where we feel it’s a very stable jurisdiction, it’s easy, we don’t have to travel a long way to get there. We’ve got about 20 deeded royalties now, that number is growing. We have an option portfolio with 17 properties in it and an inventory of about 30 properties available for sale. We’re a royalty company but we’re a project generator that also creates royalties. Of the five companies that we compare ourselves to we ranked third in the number of royalties. We’re soon to be second we are first in cash flow per share because we’re generating for the size of our company we’re generating about two million dollars this year in revenue and about a million dollars in cash flow. In the last couple years we’ve become known for as one of the most important companies to go to when you’re looking for properties.
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 20 Deeded Royalties and 17 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. In 2018, Ely Gold estimates it will generate an estimated $2,000,000 in recurring revenue and $1,000,000 in cash flow from its current portfolio. This includes advance royalty and option payments. A majority of the property portfolio and royalties have active exploration programs and are being developed by partners comprised of majors, mid-tier gold producing companies and well-funded junior explorers. Ely Gold also maintains a strong cash position and a gold stock equity portfolio.
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. All portfolio properties are sold or optioned on a 100% basis, while the Company retains net smelter royalty interests. 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 mineral royalties.
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