Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 aryckson Mar 13, 2021 4:42am
89 Views
Post# 32792013

RE:RE:RE:RE:Eric Sprott to the Rescue

RE:RE:RE:RE:Eric Sprott to the Rescue Interesting development indeed.
 
Few notes on my side
 
1/
I was surprised by the total amount of Shares Eric Sprott is holding.
13,118,182 shares make him one of our largest shareholder.
This is good and his support gives some signs of hope.
 
2/
Curious why GER raised money while they raise 600k USD not long ago from Palisades Goldcorp. They are burning money fast and this is not good imho. 
 
3/
Regarding GEM lawsuit, this is a good sign in my opinion.
It just means they perceive that these warrants have some values even at a strike price of 0.14.
 
4/
Last comment regarding GG. I find it actually understandable some shareholders are bitter and negative.
We all agree management has underdelivered on their promises and GER has been a BAD investment.
On my side I have been a GER shareholder since 2010 (11 years!!) and regret not having sold in 2012 at 0,60CAN….
So, let’s try to bring valuable info to this board.


I fully agree with Sapiens. I would also never recommend to buy Glen Eagle but for the current shareholders (= us), let’s not sell at these levels.
 
Good luck to all,
 
Arycks

<< Previous
Bullboard Posts
Next >>