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 > accumulation - see clearly !!!

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Comment by lapiastreon Apr 14, 2021 7:18am

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Post# 32991066

RE:RE:RE:RE:RE:RE:accumulation - see clearly !!!

what do you think is going to happen when they will throw 5-7 millions in year end revenu , and no debt ? I think that SP would trade arou'd 6 to 8 times their cashflow depending on upcoming developement. Not too far fetched to think that would happen in the next 12 months or before. However, most of us, including me, won't be here to see that as we have had painful wait for too long...

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