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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 Tradesmanon Aug 17, 2010 12:42pm
401 Views
Post# 17357646

RE: RE: ER Price

RE: RE: ER PriceI think Eastmain's strategy is quite clear. They will sell Clearwater, based on the (pending) new resource estimate. Then they will develop both Eastmain and Eleonore, alongside their other properties. Eventually Eastmain will be sold after being staked out, then much later, Eleonore, etc.

This is a sound strategy. Moving from an exploration company to a producer would be a tremendous challenge and very risky. That's why IMO Eastmain will always remain an exploration company - a good one. I don't expect it to ever be sold, but they should profit enormously, over time, from the development and sale of their various properties.

Bullboard Posts