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.

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Eagle Royalties Ltd

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Comment by bot_feederon Jul 02, 2010 10:44am

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Post# 17238961

RE: well

The low end of that warchest I suggest of $25 mil I guess is not a whole lot more than they have right now (forgot exactly how much cash they have right now though).

However, if and when they sell Clearwater then the property they spend the most $ exploring will shift from Clearwater to Eastmain Mine (presumably), so there should be a big step-up in that project even if Don continues to maintain his conservative approach.

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