Bald Eagle Energy Inc. (BEEI.OB): Exploring for Gold, Golden Opportunity for Investors?
QualityStocks (September 9th, 2008) Writes:
Bald Eagle Energy (BEEI) is an exploration stage mining company focused on the acquisition and exploration of mineral resource properties in Canada. The company primarily acquires and explores copper, gold and silver properties. Bald Eagle Energy is also, and possibly more noteworthy to potential investors, engaged in oil exploration. The company is set to develop six new leases on Alaska’s oil-rich North Slope. Bald Eagle’s lease area on the North Slope is estimated to contain about 90 million barrels of crude oil and is one of the North Slope’s least explored areas. Bald Eagle’s leases occupy about 18,000 acres on the North Slope.
What could work in Bald Eagle’s favor is that its area of exploration on the North Slope is relatively small compared to what major oil firms such as ExxonMobil, Occidental Petroleum and Royal Dutch Shell typically look for. Bald Eagle isn’t fighting for leases with these far larger
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