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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 Nick66on Jun 23, 2019 7:10am
201 Views
Post# 29853467

RE:It’s the gold price stupid

RE:It’s the gold price stupidPEA 2018...net return after tax 260millions (gold 1250$us), 315millions (gold 1350$us), 375millions (gold 1450$us). If the gold price can stay above 1400$ or more , for sure Eastmain will catch attention of new investors and market cap can jump around 150millions (.75$/share). We have the gold, pea is positive, powerline just beside and new goverment in Quebec willing for mine developpement. At this market cap, eastmain represent lowrisk for me and great potentiel for upside...imagine gold at 1700-1800$. After 5 years of poor gold price, enjoy guys...the better is come.
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