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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 Aug 09, 2013 2:40pm
255 Views
Post# 21660083

RE:I thought

RE:I thoughtknowsnothing - knowsnothing, minute volumes =  no interest = no one cares, chart never lies.  15 cents here we come and even there we may not see support. As China continues to cool, Canadian based commodity companies like GER will also continue to cool. The recent correction / collapse in the POG doesn`t help neither. Unless GER can pull a rabbit out of the hat with this tailings project in a foriegn juristiction and generate $$$ to keep the lights on, we will ultimately see dilution to keep the company viable.Then GER will be just like every other venture exchange traded company....marginal projects that are way down the line for funding with large TSO. If you were to take of the blinders this is what the market is telling you when you look at the chart. SS 
Bullboard Posts