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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 Mar 29, 2011 9:20pm
348 Views
Post# 18358779

RE: moving forward

RE: moving forwardYou're quite right. "Turtle pace" seems a good description for this venture and most especially for the 43-101 resource update. What in the world has happened to that?

Maybe I'm expecting too much, but I own (a few) shares in Fronteer, which has just completed a successful JV with Newmont. and is being bought-out by Newmont for a sizeable premium. I was hoping Eastmain's JV with Goldcorp would go the same way, but so far, that is not happening.

So I wonder, is it the company, the JV partner, the management, the connections, or the PR which make the difference to a business? Unfortunately, I don't know the answer to that, otherwise I would be a more successful investor.

In the meantime, after watching some other exploration companies with seemingly less drilling results, I am still scratching my head and wondering about the current market valuation of Eastmain.

As always, JMO.

Bullboard Posts