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 > Timing of ER

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Comment by lapiastreon Feb 22, 2022 3:07pm

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Post# 34451301

RE:RE:RE:RE:RE:RE:RE:Timing of ER

forgot to add about the actual share price of .06. That gives a 8-9 million market cap to ger. Now, with expectation of around 4-6 millions from production, plus adding the infrastructure and land packages, it is fair to assume that ger is actually trading at 1:1. Imo, this would surely deserve to trade at 3:1. Of course, i must be wrong, but still think of a .18 to be fair considering what is actually in place.

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