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Bullboard - Stock Discussion Forum 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... see more

TSXV:GER - Post Discussion

Glen Eagle Resources Inc > 6 mil shares traded
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Post by Scanner454 on Aug 30, 2021 8:16pm

6 mil shares traded

including today,close to 6 mil. shares traded in the last week...good sign or bad?....there is no doubt shares are in stronger hands today,but does it translate to anything?....if sp imho. falls back to the six penny range than i think this stock is in a bit of a problem
Comment by arycks on Aug 31, 2021 5:18am
All will come down to proper execution and creating postive cash-flows. For many years we always got the same excuses: spare parts & lack of good grade ore. For many years we got explanation that it will be solved by buying more spare parts and drilling our own lands. For many years they could not solve above issues due to lack of proper management. So let's hope the new COO, the new ...more  
Comment by lapiastre on Aug 31, 2021 6:33am
this time is different. Since 2008 i've been watching, and been involved. Sound management here and many of us know this, perhaps that's why we still stick to it. Never before we have seen this sort of trading here. Either they go bancrupt, wich i don't think so, or something different is brewing, wich i tend to believe. However, i'm still ready to be disappointed...lolll, and also ...more  
Comment by lapiastre on Aug 31, 2021 10:34am
seem like we won't go bankrupt anytime soon loll Jean, use it wisely
Comment by EarsOfADonkey on Aug 31, 2021 10:42am
up to 1.6 million or so potentially raised in the last 3 months. Hopefully Karl Trudeu and Jean can turn this thing around.  Seems like a broken record trying to convince these artisinal miners or any small mining operation to provide GER or NSA their rocks .  Stiff competition from the likes of money launderers operating down there.  I feel like this is our biggest hurdle is just ...more  
Comment by arycks on Aug 31, 2021 12:46pm
Yes, agree. Also I believe something will happen and ready to be disspaointed as well. Holding shares since 2011... so it seems there are a lot of long-term investors here on the board.
Comment by Scanner454 on Aug 31, 2021 3:25pm
at present there are no buyers at nine and half penniess.....company will need to ger their sp into double digits in order to have some breathing room imho.
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