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 approxiamtely 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 a 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 > Something to think about..................

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Comment by aryckson Mar 30, 2021 4:36am

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Post# 32904210

RE:Something to think about..................

BST has just 20mln OS i.e. they are valued at 1.4mln $CAN.

GER has 93mln OS i.e. their market cap is at 5.2mln $CAN.

So GER is still valued 3 times more than BST.

But in both case, valuation is extremely low and market does not have confidence in neither of these stocks.

Let's face it, GER PPS will say that low (or even lower) unless they start to execute properly.

GLTA,

Arycks

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