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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
Post by ss1867on Jan 10, 2014 4:21pm
160 Views
Post# 22079806

WATCHING PAINT DRY @ GER

WATCHING PAINT DRY @ GERSo obvious GER missed the starting gun on the new year rally....elsewhere serious money is being made. ie: XME.V and PP.V - While EMX has had a pretty decent run - up 400% in 2 months, it may be getting a tad risky but good volume tells me the cheap shares have already been flipped out....news next week and up coming drill program on graphite concession make this one look like more SP appreciation is in the cards.  PP.V looks poised for nice upside as they are drilling a massive concession in Brazils up and coming potash basin, Government incentives as Brazil seeks to develop a homegrown potash supply - currently worlds 3 rd. largest importer. PP has $3 million in cash, low TSO and a $10 million credit facility from a deep pocketed Chinese SOE...way over sold and ready to run. If the GER crew is getting tired of watching this one go nowhere, why not take some DD time this weekend on either of these 2 picks and if you wish take a position. I am not pumping, not my style to pump other companies on various boards throughout the stock house arena. Would like to see my old pals here pick a winner...this is my motive. Disclosure - Last week I flipped in and out of XME for a handsome profit on 200K shares, this week I have bought 250K of PP.V @ 5 1/2 cents, not looking for a day trade on this one as I have a real good feeling and am holding atleast until the results of the current initial 6 hole drill program are released-----DISCOVERY HOLE----imminent ( just maybe ). I predict PP.V future performance to mimic AAA.TO from a few years back. Good weekend to all and I can`t wait till Monday.
Bullboard Posts