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Glen Eagle Resources Inc V.GER

Alternate Symbol(s):  GERFF

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

Bullboard Posts
Comment by ss1867on Nov 09, 2012 4:12pm
66 Views
Post# 20583589

RE: RE: NO INTEREST

RE: RE: NO INTEREST

Purely speculation on my behalf, looking at the technicals it seems plausable enough. No real ryhme or reason in present day markets. Fast electronic trading with quick 10% day trades seems to be the new norm. Used to be that fundamentals were the main driver of any publicly traded company, this is no longer the guage that investors / speculators rely on. Todays " me first " attitude prevails and yesterdays 12 % snap back provided quick gains for the in and outers. I suggest interest now wanes and we slide back to support. The hype over the American presidential election has passed, now the BIG problems come back around to front and centre. Tax loss selling dead ahead aswell....seems to me there are more reasons to see downside rather than upside moving forward....and not just for GER but the entire market place in general. This is a great time to start putting in your skunk bids and see what you may catch. IMHO....GLTA....SS

Bullboard Posts