Glen Eagle Resources Inc V.GER

Alternate Symbol(s): GERFF

Metals & Mining Industrial Metals & Minerals

Glen Eagle Resources Inc. is a Canada-based company, which is engaged in the acquisition, exploration and evaluation of mining properties. The Company is engaged in the production of gold and silver from the purchasing and processing of material in Honduras. Its activities also consist of owning mining concessions in Honduras where it intends to proceed with an exploration and evaluation program. Its La Cobra property is composed of one claim covering approximately 775 hectares and located in the Valle Department, Honduras. It has three areas of interest for lithium, in the Lebel-sur-Quevillon area: Lessard property, Perigny property and Nicobi property. The Nicobi property is characterized by a one km long lake-bottom lithium anomalies varying from 33 to 45 ppm of Lithium. The Perigny property is characterized by seven km long lake-bottom lithium anomalies varying from 19 to 26 ppm of lithium. It is also looking for exploration and evaluation activities located in Quebec, Canada.

TSXV:GER - Post by User

Glen Eagle Resources Inc

Bullboard Posts

Comment by pat7rickon Jun 29, 2009 4:19pm

356 Views

Post# 16106626

RE: RE: RE: RE: Market cap of $4 million

I suspect there'll be some fancy stock deal for the insiders(Paradise Holdings) and some dilution, but they wouldn't be doing all this(especially in court) without the doe. They got it and more, I'm guessing. Kudos to management for digging it out, which has been in the works for a while if you look back over 6mos, press releases do indicate a deal with substantial share appreciation. This is only just getting started.

Bullboard Posts

Changing Europe’s dependency on HREE from China