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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 bot_feederon Feb 14, 2012 11:29am
171 Views
Post# 19531317

RE: Bashing nonsense..

RE: Bashing nonsense..

SBB:  about 190 mil shares FD, stock price at 3.60-3.80 (I'll take the higher figure to be conservative) = FD market cap of about 725 million.

 

Back out their 150+ million cash, gives 575 mil.  Back out their silver royalty which the most conservative valuation is 300 million and you get 275 mil.

 

6 million ounces gold at 275 mil.  That's $46 per ounce of gold, not 100+.

 

Sabina and Eastmain happen to be my two biggest precious metals stocks, and I consider them both good values but Sabina is the bigger bargain of the two.

Bullboard Posts