Glen Eagle Resources Inc GERFF

Primary Symbol: V.GER

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 > Shares of NewCo

<< Previous

Bullboard Posts

Next >>

Post by KanyesRabbion Jul 13, 2022 7:36am

169 Views

Post# 34820000

Shares of NewCo

What will the 6Million shares GER has in the company that bought the phosphate property be worth ?

50 million dollars ?

100 million dollars ?

There's most likely billions of dollars worth of phosphate and titanium in the property they sold. If new company ends up with a $500 million or a $1 Billion dollar market cap it can be massive for GER

<< Previous

Bullboard Posts

Next >>

Who, why, and what of the great "Crypto Surge"