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

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Comment by pirate4on Jan 11, 2011 1:56pm

263 Views

Post# 17954913

RE: RE: RE: what the hell!!!!1

CLQ which was 80 cents in October just announced a bought deal which means the market is happy to give them 110 million dollars at $1.50 per share. GER is located in the same area as CLQ with a much smaller float. knowsnothing knows way more about GER than I do and and probably most. Assuming the market knows more about the true value of CLQ than 99% of the posters could you suggest a low ball number for the asset value of GER knowsnothing? From what I can tell GER has to be worth way more than 30 cents a share

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