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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 sirsavvyon Nov 08, 2010 9:56pm
394 Views
Post# 17677809

Buy out potential rests with gold prices

Buy out potential rests with gold pricesI highly doubt, no matter what Don says, that any other company will bid on this.
Why would they? They would have to go up against G and are not likely to be successful and may cause harm to their stock price and/or future dealings with G.
However, I still think it will be sold but not because of someone else making an offer first.
What will drive this deal is a solid estimate result and the continued climb of gold. The higher gold goes, the more money G will have to pay. Sooner or later they are going to need to pull the trigger as gold does not seem to be in any mood to stop its bull market.
Bullboard Posts