Bullboard - Stock Discussion Forum Eagle Royalties Ltd 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... see more

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Eagle Royalties Ltd > Skeena Resources

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Post by NineLives on Jun 26, 2024 4:43pm

Skeena Resources

Just secured funding for their Gold Eskay Creek property.

The good news is ER holds a 2% NSR on part of this property with a 1% available for a $1 million buydown. With this and the AurMac property getting closer to production and the cash they just received for the sale of another NSR then things are looking up.

A rough estimation based on past financials and the recent sale shows them with close to $5 million in cash.

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