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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
Post by bot_feederon Jun 10, 2010 3:46pm
320 Views
Post# 17178309

I guess another consideration

I guess another consideration

Another thought, although totally subjective:


If the resource went from 1 million ounces, mostly inferred, to 1.3 million ounces, mostly M&I, after FIVE YEARS since the last 43-101, would that be enough to cause as much excitement in the company and analyst community as what we are seeing?

I would guess it probably has to be a more significant step forward than that for there to be this much positivity in the air.


Whatever the new resource does show, my bet is that it is far more likely that it will drive the stock up rather than disappoint investors and cause the stock to drop.

Unless the stock has a big runup just prior to the announcement then you could wind up with a buy the rumor sell the news type situation.
Bullboard Posts