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 num1on Mar 17, 2012 12:36pm

207 Views

Post# 19685010

RE: Did you guys see this/ might be fueling the bu

The reason its moving is simple. It is undervalued big time. This stock needs to be over 50 cents based on what we know now. It will heat up soon with pending results from Moose Lake and the the Authier property due soon. Of course, the takeover of VT and the buyout rumour of DAN should help this stock move up pretty quickly.

I wouldnt be suprised if we are over a buck within next 1-2 months.

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