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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

Comment by goldhunter11on Jun 27, 2017 12:49pm
137 Views
Post# 26409280

RE:RE:RE:Who is doing the dumping.....

RE:RE:RE:Who is doing the dumping.....hapee,
SW also has the historical feature, scroll down a bit,  and there is a 30 day list showimg the results for all exchanges (TSX plus a whole bunch of others). Google Finance also has this feature as well.

If all the large blocks for yesterday  were combined, the volume would be of the ~800k, which is not that big a volume to be considered as a sell-off, in my opinion.

Today activity is a bit tame, from a quick check of a real-time trading system (TD Waterhouse). The bid and ask are lop sided. Not too much activities, and the volume in the morning (as of 12:10pm) is ~227k.

ER has been on the down trend during the past 6 months despite the perceived improvement in the resource estimate (which is expected to be available soon). So it is quite legitimate to pose the following questions:
1. Who are trying to to push the price down? If we believe that ER has some solid deposits in the ground, then a major may orchestrate a scheme for keeping the price down before a TO offer?

2. Is there any fundamentally wrong with the company that make people want to jump ship?
If there appears to be nothing wrong with it, then it could be a good time to accumulate, since Eau Claire deposit alone would contain more than 2Moz Au (= ~4 x the Market Cap)
GH
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