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Glen Eagle Resources Inc V.GER

Alternate Symbol(s):  GERFF

Glen Eagle Resources Inc. is a Canada-based company, which is engaged in the acquisition, exploration and evaluation of mining properties. The Company is engaged in the production of gold and silver from the purchasing and processing of material in Honduras. Its activities also consist of owning mining concessions in Honduras where it intends to proceed with an exploration and evaluation program. Its La Cobra property is composed of one claim covering approximately 775 hectares and located in the Valle Department, Honduras. It has three areas of interest for lithium, in the Lebel-sur-Quevillon area: Lessard property, Perigny property and Nicobi property. The Nicobi property is characterized by a one km long lake-bottom lithium anomalies varying from 33 to 45 ppm of Lithium. The Perigny property is characterized by seven km long lake-bottom lithium anomalies varying from 19 to 26 ppm of lithium. It is also looking for exploration and evaluation activities located in Quebec, Canada.


TSXV:GER - Post by User

Bullboard Posts
Comment by Theworld4Takingon Oct 01, 2015 12:47am
68 Views
Post# 24152157

RE:Who let aclj6 out of his padded cell ?????

RE:Who let aclj6 out of his padded cell ?????Not sure, prob his Mommy. I'm guessing his Mommy also cut him off his allowance after he sold his 1000 shares of GER at a loss and want's to buy back in and can't. one of these guy's that wants all to Fail because he can't put his shoes on the right feet.  

Just my thoughts as I  now own close to 500000 shares of this company (thats about .75% of this company...aclj6 I know you can't do meth. I mean math.) I can tell you do meth. and I'm not down as well.... enough on the dummy that didn't have the caaahonnnas to hold his 1000 shares at 10 cents.

I only hope for a great NR on production or it will be back to 3 cents or 1 cents like dummy acj6 said but don't want that for me or any of us.  I will say, why would insiders buy so so much at such a low price. the only anwser i can find is that its undervalued. If someone has a different view tell me (other than aclj he's a idiot) It was all the good NR about 6 months ago or whenever it was. I crunched the numbers that GER gave us and saw what Knowsnothing sees.  I hope he's right. Than I'm right, I hate being wrong. 

About the $200000 loan, we need equipment to produce more gold, we produce more gold, production numbers increase the stock goes up. and who takes out a loan for $200gs over 1 year if you can't pay it back.

I've never taken a brick of gold to a corner store and sold it and got my cash instantly. I'm guessing it takes time to receive payment for a lump of gold from a broker. That being said payroll needs to met why we wait for the corner store to pay us or we will have some workers smuggling some gold down the fruit of a looms. sooooooo....

about the private placment, 
we need a private placement for the brass and the employees doing the work. The corner store will pay up after awhile but it takes time and payrolls come every week. 

So I ask you aclj6, why not just issue more shares to buy equipment and to pay payroll. maybe because ger is going to be more than a 5 cent stock and the major holders don't want to dilute there shares to nothing. notice the PP was 5 cents with a opion to buy at 10 cents. great way to give myself and other board members a bonus for all the hard work they did to get use to the 5 cents where at. one has to think that they have way more investeted than 5 cents a share. I have to think that our big guy that has 7 mill shares whats the price at $1 $2 or more dollars. makes more sense than aclj6 that hopes it zero.

pop quiz aclj6,
whats 7 mill times 0 (what ceo owns)
whats 7 mill times $3.00 

anwser: way more than bombing a stock.

I'm not trying to pump ger up but the research i've done tells me I will be happy soon . and understand that it does take cash to renew licence's, payroll, insurance, the list goes on and on. 

like i said not trying to pump at all this could be 2 cents tomorrow or less. But have to trust myself like all the rest of investers that gave up money than few days later could have bought shares for less money on the open market. Cheers all, just hate negativity. so acj6 why dont you just comment on the stocks you own dummy..cheers.
Bullboard Posts