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RE Royalties Ltd T.RE


Primary Symbol: V.RE Alternate Symbol(s):  RROYF

RE Royalties Ltd. is a Canada-based company engaged in renewable energy royalty-based financing. The Company is primarily engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. It offers capital in the form of a cash payment or loan, in exchange for a percentage of future revenues from operating projects. Its royalty financing solutions are designed to provide renewable energy operators and developers with the financial flexibility to grow without resorting to dilution, asset sales or restrictive debt covenants. The Company owns over 100 royalties on solar, wind, battery storage, energy efficiency and renewable natural gas projects in Canada, United States, Mexico, and Chile.


TSXV:RE - Post by User

Post by netgenxon Oct 18, 2013 12:57pm
286 Views
Post# 21827815

5 year chart

5 year chart
As I wrote all of two days ago (!),  looking at a 5 year chart, if RE can clear $2.70 there's not really much resistance to $3.50...

FWIW, RE now has a bit of wind at its back and the same dynamic that generates "tax loss selling" in Nov/Dec will encourage anyone sitting on a profit (ie. bought within the last 30 mo.) to hold off until Jan. to sell and push the capital gain out a tax year.  This may help minimize the resitance at $3.50.

After $3.50?  $4.40/4.50 looks like a possibility but that takes us back three years and though I haven't done a volume count I'd be surprised if we haven't turned over the entire float at least once since then.
 So, at the risk of being labeled a "pumper", unless the company throws up a major hairball (I have a cat), after $3.50 I really don't see much in the way to the previous $6 high with a possible pause in Jan.

cheers

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