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.

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Glen Eagle Resources Inc

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Comment by Theworld4Takingon Sep 22, 2017 9:35am

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Post# 26729897

RE:RE:RE:RE:RE:Gov Relations Strong. Buy the dips!

1.10 LIQUIDITY AND CAPITAL RESOURCES
This section you are refering to is standard in there filings and has been there in every quarter release for years. I noticed this a few years ago and set me back when i read it as well along with other things submitted in fillings. I do not think there is any fear of a PP or any other form of raising equity. It is my belief it is there to protect management and directors incase of an abnormal expense suddenly occurs. We have not had a PP in some time and this remains in our MD&D, it no longer bothers me. I may be wrong but thats my take on this.

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