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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 cheapinskion Apr 01, 2014 7:15pm
164 Views
Post# 22398155

RE:RE:RE:Staying focused on GER

RE:RE:RE:Staying focused on GERHi nohype7, Please keep posting sir, you seem to have a lot of information that I do believe is correct. And thanks for re-posting the NR from last Dec. 18......I'd sort of forgotten about that one. The part about that release that I like is....

Diverse Equities will take delivery of the gold at the Managua airport in Nicaragua by making an advanced payment to Sand Gold two days prior delivery which will reduce to a minimum the time spread between production and payment, enabling the company to use its working capital very efficiently.
Read more at https://www.stockhouse.com/companies/bullboard/v.ger/glen-eagle-resources-inc#3I6TsJQA7JEpo3g5.99

thats a very efficient way to turn the gold into cash and carry out business.....I'm sure there is a contractual price for the gold that allows Diverse a piece of the action, but it should work out well for Glen Eagle just the same. I dont think it'll be too long until we hear some news. regards, cheapie
Bullboard Posts