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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 Apr 03, 2013 11:14am
78 Views
Post# 21204755

RE: RE: RE: RE: RE: I think today might be the day

RE: RE: RE: RE: RE: I think today might be the day

YES...this market is a very bumpy ride. You are also correct when you say "You gotta be a trader" in this market. The vast majority of my GER holding is on the long side, but I also have a trading position that I very actively trade in and out of in an attempt to fortify the long position. Patience is the key and I am more than happy to gain a couple thousand shares of GER each time I am on the right side of the trade. The last few kicks at the can I have been very successful.....currently I am a little more cautious as I percieve market weakness moving forward. GER has certainly weathered the storm nicely since the start of the year, will GER continue to stay ahead of the curve....this is anyones guess but I think fundamentally and technically we will. However, if an ugly sell-off occurs it will be hard for GER to stay immune to general market sentiment. All in all I`m feeling pretty warm and fuzzy about my GER position and continue to trade the trend channel when opportunity presents itself. GLTA....SS 

Bullboard Posts