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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 pat7rickon Jul 26, 2020 2:28pm
97 Views
Post# 31320989

RE:RE:RE:RE:RE:RE:Glen Eagle Resources closes Private Placement

RE:RE:RE:RE:RE:RE:Glen Eagle Resources closes Private PlacementI agree, the PP did 2 things, put some immediate cash in the till for the boys(without getting into the LOC) and provided cheap shares to a few of the chosen. Listen folks, as I've posted before, think what you want about Jean, management, etc, with a mill ready to go and a concession, this is a no brainer at these prices and market cap, all the stars are lining up, if you don't have a position and this thing jumps 5 cents one week, you'll be wondering what you've been waiting for. Myself I find it a bit suspicious that 2 million shares were dumped a while back, now we have a cheap financing but that's the game. Just ask yourself, is there a better chance of this stock going up or down with gold breaking new highs, I think the answer is obvious. I'm holding over 500,000 shrs and will be for a while yet, (long time accumulation and yes it's been painful)but we're just getting started folks. GLTA.
Bullboard Posts