Post by
TanzaniteMotherLode on Apr 05, 2022 12:05pm
Fertilizer prices going through the roof
Glen Eagle has a great phosphate property in Quebec.
The company will prepare another drilling program on the property to add more mineral resources and have a NI 43-101 report when the market becomes more favorable to the sector.
https://gleneagleresources.ca/properties/
Comment by
Scanner454 on Apr 05, 2022 7:41pm
can someone explain where the money is coming from to do the work on the phosphate play?...one would have a better understanding if financials were released,right?
Comment by
KanyesRabbi on Apr 06, 2022 4:56am
Word in the street is there are a bunch of people lined up to fund this phosphate development. Nobody seems to fully grasp how significant this property is yet.
Comment by
lapiastre on Apr 06, 2022 6:21am
the plan didn't change. the development of phosphate prop. is financed with miling revenues. We might not need to go back to market again for financing ger's activities.
Comment by
Scanner454 on Apr 06, 2022 8:00am
great,now don't you think we should see the mining revenues?......glen eagles website,under properties does not even mention the phosphate property.....financials need to show positivity and not just fluffy news releases imho......pre-market in a tough enviroment has bid/ask at 7 pennies
Comment by
lapiastre on Apr 06, 2022 8:37am
website is being update. And keep focusing on prebids lolll...
Comment by
Scanner454 on Apr 06, 2022 9:13am
should one focus on 60 pennies versus realities?
Comment by
Scanner454 on Apr 06, 2022 9:31am
oh oh bid/ask bumped to .075