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Glen Eagle Resources Inc V.GER

Alternate Symbol(s):  GERFF

Glen Eagle Resources Inc. is a Canada-based small producer and an exploration company of precious metals in Canada and the Central America area. The Company is engaged in the acquisition, the exploration and the evaluation of mining properties. The Company operates in two segments, which are the exploration and evaluation of mineral properties in Canada and recovery of gold and silver from tailings and rocks in Honduras. Its phosphate property (Moose Lake) is located in the St-Jean Lake area (Quebec), approximately 150 kilometers (km) south of Lisette Lake. Its La Cobra property is composed of one claim covering about 775 hectares (ha) and located in the Valle Department, Honduras. Its Piedra Dorada and La Moloncasa properties are located about 164 km south of the capital city of Tegucigalpa in Honduras. The properties are located 17 km to the east of Choluteca where Glen Eagle operates gold mill. The Piedra Dorada and La Moloncasa properties cover an area of about 1,000 ha and 400 ha.


TSXV:GER - Post by User

Comment by gemsearcher2on Jun 03, 2020 9:57pm
138 Views
Post# 31109606

RE:RE:RE:RE:RE:RE:Wonder who is selling ?

RE:RE:RE:RE:RE:RE:Wonder who is selling ?
Greasychey... that is a very well written and knowledgeable and informative post.. kudos!

Even though i know you were replying to gg, i wanted to let you know i for one appeciate good honest facts that are presented to the board.

The thing that i had a problem with from what ggrellette said about Denis selling for the benefit of Jean is this:
IF Denis sold via a reported transaction as a Disposition in the Public Market ... then because he is an Insider this sale needed to be reported but if Jean got the shares then he would have had to report it as an Acquistion in the Public Market ...yet we see no such report,,, so that tells me that the shares that Denis sold went directly to the Transfer Afent (Computershare Investor Services Inc.) for distribution into the public market,

Also that is very interesting dialogue that you came across from "takeoverbuck1".... kinda makes a guy wonder what the heck is actually going on!

But on a personal level.. i feel fine being invested here in GER,, i believe it will turn out to be a good choice down the road at some point.
Glad they are up and running the Cobra Oro plant again... 24hrs/5 days/week.

really.. GLTA !
GS2
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