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 > Phosphate (fertilizer) game changer for Glen Eagle

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Post by TanzaniteMotherLode on Apr 11, 2022 12:44pm

Phosphate (fertilizer) game changer for Glen Eagle

The Moose Lake phosphate project in Quebec could be a big win for this junior gold miner in Honduras. Check out this March 29, 2022 news release:

Glen Eagle Resources, March 29, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) announces that due to a renewed interest in phosphate as a key global commodity, which Bloomberg News has recently described as one of the best growth sectors of the economy for the next ten years; the Company has decided to bring added value once again to its wholly owned Moose Lake phosphate project, located just north of Chicoutimi, Quebec.

Many stocks relating to the phosphate sector have also performed very well over the last few months, which brings the Company to reevaluate Moose Lake and look at every possible option to increase shareholder’s value by reinstating the project as a valuable asset within Glen Eagle’s portfolio.

The Company will keep the market informed in a timely manner regarding future information and further development on Moose Lake.