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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 BobBuilderon Apr 04, 2013 8:28am
94 Views
Post# 21209121

RE: RE: RE: RE RE RE: RE: RE: RE: RE: RE: RE: I th

RE: RE: RE: RE RE RE: RE: RE: RE: RE: RE: RE: I th

Useless banter here as usual.  3 months ago it was sworn to be at $1, within 6 months. 

 

Why?  A hunch, a secret and a 'watch and learn' reply.   Well 3 months later, they've basically just burned more cash.

 

The reality here is nobody knows what GERs plans are or how they're going to raise cash to wait out the next few years while they're waiting for 'something' to happen.

 

NMX is the perfect example of why GER may be headed sub 20 cents.

Bullboard Posts