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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 silvertonon May 10, 2011 10:36pm
437 Views
Post# 18557558

ER on the rise

ER on the riseBought some more  when the 200 day MA hit in the low 120's, the same share price it was 2 years ago. The resource estimate update did nothing for the wait of shareholders wanting  a lot more. ER has tested the patience of all to the extreme. The 40,000 m of drilling  this year is a good start. Previous poster stated that ER is a great candidate for the JV model that farms out for cash and shares their overlooked properties and I have to agree there are big opportunities unrealized. The $40 M spent by Placer Dome in infrastructure at the former Eastmain Mine, justing waiting for a highway to be built to it. Sometimes you own a stock, just to be right. It's been a long winter in the Yukon,  and the drills, in the next great mining district, with the likes of SMD,ATC,GPD and the new power transmission line into the Golden Triangle in NW B.C. will unlock one of the greatest gold  districts anywhere. GLTA here, I believe that ER has great possibilites for those that have patience.
Bullboard Posts