Glen Eagle Resources Inc V.GER

Alternate Symbol(s): GERFF

Metals & Mining Industrial Metals & Minerals

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

Glen Eagle Resources Inc

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Comment by nohype7on Aug 31, 2016 3:26pm

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Post# 25196672

RE:RE:RE:RE:RE:RE:potential

No doubt, the company was projecting higher throughput and other efficiancies. In my opinion, that was due to a lack of experience.

But now things have changed - considerably!

They've learned what it takes to setup and run a profitable plant. Hire and train employees. And most importantly, they are flush with over $2 million in cash.

They have know-how and they have the cash. Those are the two most important ingredients to a successful mining operation. Plus, they have the confidence of two BIG investors backing them.

I doubt that there's another Venture company that is positioned better than GER.

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