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Glen Eagle Resources Inc V.GER

Alternate Symbol(s):  GERFF

Glen Eagle Resources Inc. is a Canada-based small producer and an exploration company of precious metals in Canada and the Central America area. The Company is engaged in the acquisition, the exploration and the evaluation of mining properties. The Company operates in two segments, which are the exploration and evaluation of mineral properties in Canada and recovery of gold and silver from tailings and rocks in Honduras. Its phosphate property (Moose Lake) is located in the St-Jean Lake area (Quebec), approximately 150 kilometers (km) south of Lisette Lake. Its La Cobra property is composed of one claim covering about 775 hectares (ha) and located in the Valle Department, Honduras. Its Piedra Dorada and La Moloncasa properties are located about 164 km south of the capital city of Tegucigalpa in Honduras. The properties are located 17 km to the east of Choluteca where Glen Eagle operates gold mill. The Piedra Dorada and La Moloncasa properties cover an area of about 1,000 ha and 400 ha.


TSXV:GER - Post by User

Comment by gemsearcher2on Jun 17, 2021 3:18pm
78 Views
Post# 33405638

RE:RE:to share some thoughts!

RE:RE:to share some thoughts!Thanks GG! and i also understand what you are saying,, the proof needs to be in the pudding eventually!
And agreed Scanner.. the POG is really getting hammered today and the past few days.

I guess just because GER is a small producer their SP is being affected too but really even at 1750$/oz it is still a lot more than it was a few years back and i expect to see a big reversal and recovery occur in rhe not too distant future.

Really strange behaviour in the markets lately.. i think cryptos took a lot of money out of the markets starting back in jan/feb of this year and it seems that resource stocks have paid a price for this but eventually the real physical world will recognized as the place that holds actual value and not some digits created out of nothing ..at least that's my take! guess we will see!
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