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Eagle Royalties Ltd. T.ER


Primary Symbol: C.ER Alternate Symbol(s):  ERYTF

Eagle Royalties is a royalty holding company created as a spin-out with the royalty assets of Eagle Plains Resources, a mineral exploration project generator exploring Western Canada for gold, critical-metals, uranium, lithium, rare earth elements and industrial minerals. Eagle Royalties holds royalties on over 50 projects owned by senior to junior mining and exploration companies. Eagle Roylaties flagship is the royalty at Banyan Gold's AurMac property where a 6.18m oz gold resource was announced in May 2023.


CSE:ER - Post by User

Comment by tanninon Nov 23, 2018 3:57am
128 Views
Post# 29012700

RE:RE:Cormark Securities: Buy rating and $0.50 target price for ER

RE:RE:Cormark Securities: Buy rating and $0.50 target price for ERproblem is, the junior mining game no longer works, for a variety of reasons. Much of the spec money has found over venues, ganja, bit coin stuff etc. Another challenge is that, now a property has to be drilled till it's swiss cheese, at huge cost...all funds raised by constant dilution and often at declining sp because no one's interested,....before the increasingly risk averse mine building money is interested..., they want a sure thing, but they insist on taking the risk premium they've always demanded....even though the risk has been largely drilled away...so it's still expensive money, despite all the f..ing drilling. The shareholders rarely win even in the few juniors that actually become mines. IE, the junior mining game no longer works. Anyone in Baffin Island Mines can attest to that....years of drilling and then it's stolen from us....yes, stolen...through acts that may yet be deemed criminal. Just one of many stories. And, of course, in the face of consistent      ' no win for the shareholder ' even when the ore's been proved up.....we get even less interest in the juniors....the whole system is circulating the drain...with a few fools, old farts and blind/lame/and halt still in.......for old times sake i guess.
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