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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

Post by gemsearcher2on Jun 17, 2021 12:18am
176 Views
Post# 33400380

to share some thoughts!

to share some thoughts!Firstly,, there has been some great news releases coming out that speak of positive developments for the company and strangely the board goes really quiet...
I know that all the previous posters were not all naysayers when the sp was in the cellar but it seems that people are just afraid to celebrate crawling out of the cellar too early just in case we wind back down there again lol !

But i am really glad for this unexpected and branching out type of news we got today.
It says that GER was in talks for approx. 10 months with Cycladex prior to reaching this signing agreement so at least we can know that Jean was doing a job expected of a CEO for some of the time when we had no news coming.
I am glad that he waited until they had an agrement signed before announcing it rather than horn blowing when they first began talks.

He seems to wait until he has something nailed down before letting it out and i like that way of doing things.

The Cycladex technology sounds really interesting and it will be exciting to see how the results of the added circuit go... i would say that GER now has the funds to get this circuit installed after the recent PP's.

IMHO... Jean sounded good in that interview i thought... very aware of all the challenges that GER has been thru and even though he is far removed from the processing operations it is obvious he has a good finger on the pulse of the ops there.
All in all from what i can see and gather... Jean is doing a very decent job as our CEO because his hands have been tied for a lot of the time. He mentioned some social issues in accessing the property they own.. i presume there are some miners that want all the ground for themselves and in a small community it can be raither difficult to please all and i imagine there can be some hostilities lurking just below the surface that we don't know about. (jmo).
But if the plant is a success and especially this new recovery system and GER is offering gainful employment to Honduran workers there, both men and women,, then they should gain some traction in the area of public acceptance i would think, which should open more opportunities.. I can certainly see how it takes a lot of time and effort to build a working relationship and trust in an impoverished country so i sincerely hope for success for GER, Jean and his efforts to all pay off in the end.
glta

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