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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 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

Post by ggrelletteon Jul 31, 2021 10:23am
179 Views
Post# 33636900

Recent news.................

Recent news.................has to give investors here some optimism. I have mentioned this a couple of times waaaaay back that it would serve shareholders well if Jean step aside and hire a professional mining engineer to run the operation. Well Jean finally realized or was pressured to do something that will show the market that this company and its operations can succeed. Eric Sprott bought AGAIN back in March when this stock hit 5 cents. I truly believe it was E.S. that whispered into his ear. I think ES impressed upon him it would be in his best interest to do so. 

I have been a cheerleader many years ago but with dismal leadership it eroded my confidence. I basically sold out 95% of my position.  Now with the recent news announcement I have a renewed interest. It is still a SHOW ME STORY but there just maybe a light at the end of the tunnel.

Starting Monday I shall start to add to my position cautiously. 

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