Overview
Eagle Resources is a publicly listed company currently trading on the US unlisted market (“Pink Sheets”) under the symbol ERHI.
The company was founded in June, 2006 by current CEO Neville Render for the purpose of identifying and developing resource properties with real asset value in the energy and mineral sectors, primarily in North and South America.
The company has a conservative, risk-averse approach to the selection of its projects, and has taken the proper time to evaluate a number of projects and properties before selecting those that meet its investment criteria.
The company’s strategy is to look for projects that have already been identified by other companies and developed to some degree but have not been completed and/or have become available for various reasons. The recent downturn in the global financial markets has provided a number of potential project opportunities and Eagle is currently evaluating these for potential investment.
Objectives, Strategy, Plans
Eagle Resources has defined its business mission as the pursuit an development of energy (hydrocarbon) and mineral projects within North and South America. The company’s objective is to grow by acquiring and developing real assets and quality properties in the energy and mineral resource sectors.
The strategy for achieving this objective is to look for projects that have already been identified by others and been developed to some degree but for various reasons have not been completed and/or have become available. Extensive technical, legal and economic research is done to find and acquire the right properties, spend the money required to develop them properly, and then grow the resource base to market size potential.
Eagle currently has three projects that fit its target criteria in an advanced stage of development, and a number of other projects that are currently being evaluated for future potential.
Eagle management feels there is great potential to produce the commodities the world needs and has identified a number of alternatives for take-up of the company's output of oil and gas and mineral commodities. For commodities such as oil, gas, gold, silver, copper, there will always be markets as long as they can be produced efficiently and economically.