Bullboard - Stock Discussion Forum 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... see more

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Glen Eagle Resources Inc > Gold and Phosphate - take a look - two sector hot for GER

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Post by takeoverbuck1 on Mar 08, 2022 4:46pm

Gold and Phosphate - take a look - two sector hot for GER

@EpsteinResearch Changes from each company's low of the past 3 months.
KRN.T 415% NPK.T 340% WRX.T 207% LXU 135% IFOS.v 131% AMI.v 128% IPI 110% MOS 85% AVG-- 194% $DAN = 89%

@EpsteinResearch KRN.T +480% NPK.T +344% WRX.T +187% NZP.v +167% KRPZ.L +150% IFOS.v +115% LXU +118% AMI.v +112% AVG -- +209% $DAN. + 73%

https://epsteinresearch.com/2022/03/01/arianne-phosphates-prospects-moving-higher-on-multiple-fronts/

https://gleneagleresources.ca/properties/

Moose Lake

The company will prepare another drilling program on the property to add more mineral resources and have a NI 43-101 report when the market becomes more favorable to the sector.

The main phosphate-bearing body which was estimated to be 1.5 kilometer long by 250 meters wide can now be confirmed with a greater degree of certainty. The program seems to have tested the outer limit of the deposit along strike to the East as grade and thickness of the mineralization decreased with drill holes LO-14-16 to LO-14-20 intercepting limited widths. The remaining drill holes of the campaign are reported in the table below and were designed to test the overall deposit along strike and at further depth for future resources calculations.

Moose Lake Phosphate Project:
1. The main phosphate-bearing body on Moose Lake was estimated intially to be 1.5 kilometer long by 250 meters wide which was reconfirmed with a greater degree of certainty by the latest drilling campaign (3300 meters) conducted in early 2015.
2. The company will prepare another drilling program on the property to add more mineral resources and have a NI 43-101 report when the market becomes more favorable to the sector.

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Comment by arycks on Mar 09, 2022 3:34pm

Interesting! It would be a right time to spin-off, sell or JV Moose Lake. However, I am not sure Jean is really busy with Moose Lake as they seem to focus 100% on the gold property. Good luck, Arycks

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