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Eagle Royalties Ltd T.ER


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

Eagle Royalties Ltd. is engaged in holding royalty assets. The Company holds royalty interests in approximately 35 mineral exploration projects in western Canada. These projects are being explored for commodities that include gold, silver, critical metals, uranium, rare-earth elements, diamonds and industrial minerals. The Company’s portfolio includes the flagship AurMac (McQuesten) Royalty that overlies a portion of Banyan Gold Corp’s gold discovery at their AurMac Property located in the central Yukon Territory. Its Schott's Lake Royalty, George Lake Royalty and Knife Lake Royalty are situated in Saskatchewan, Canada. The Eskay Creek Royalty is situated in British Columbia, Canada. Its other royalties include Acacia, Adamant, Albert Lake, Axis Lake, BC Mas, Beaven, Black Diamond, Black Water Regional, Brownell Lake, Cathro, Coyote Creek, Cup Lake, Elsiar, East Goldfield, Fort a la Corne, Dianne Lake, Hanson North, Hot Punch, Hunter Basin, Manson Bay South, Kalum and more.


CSE:ER - Post by User

Bullboard Posts
Comment by silvertonon Aug 17, 2008 12:41am
367 Views
Post# 15390164

RE: blooms off this rose baby!

RE: blooms off this rose baby!The Canadian $ raced to $1.10 U.S. just a few short months ago, today we are at 94 cents.  The U.S.$ close to a 10% increase in a short period of time. A bear market rally. The costs, to mining companies in Canada,  their biggest cost, labour have decreased more than 15%. The price of Gold in Canada today is closer to $825. Let the U.S. dollar rally all it wants. Drilling in Quebec is already cheap.  Let the drills tell the story. More pain in the equity markets to come, in a market far more volatile than the typical Summer season. We are 6 weeks away from the miners powering forward,never mind the micros with their totally oversold condition,  the equity and commodity markets will combine to bring the juniors to new highs. The buildup is to an Oct 3 liftoff. The NAV at the Eau Claire is equal to the MC of ER today. Closing on $50 million to explore. Bring the increasing U.S. $ on.
Bullboard Posts