Glen Eagle Resources Inc GERFF

Shares of NewCo

[KanyesRabbi]

What will the 6Million shares GER has in the company that bought the phosphate property be worth ? 

50 million dollars ? 

100 million dollars ? 

There's most likely billions of dollars worth of phosphate and titanium in the property they sold. If new company ends up with a $500 million or a $1 Billion dollar market cap it can be massive for GER

[Scanner454]

if it ends up with a market cap of a dollar what is glen eagles sp worth.....three pennies...is jean in hondura right now as office phone goes directly to voice mai?

[KanyesRabbi]

There's a massive deposit of phosphate and the company that bought the property has expanded to even more claims.  This can be epic for Glen Eagle 

[lapiastre]

kanyesrabbi, how do you know the optionee expanded to more claims ? I don't recall any details of this from GER. Tell us who the optionee is....

[Scanner454]

i believe glen eagle purchased an additional 14 claims to bump up moose lake area

[KanyesRabbi]

I don't have to do anyones homework for them. You're all a bunch of geniuses go figure it out. 

[lamothze]

Come on, there is no genius here. We all own some GER.V shares

[KanyesRabbi]

So negative 

[ggrellette]

So whats so positive then....................... if not negative. 60 cents down to 3 cents over 10 - 12 years of running this company. All that shareholders have gotten is ZERO but got tons of forward looking BS that took years to materialize and then some that have not. Like the 225 grm/ton capacity which has never materialize and the 120grm/ton running which this mill has NEVER seen.  Se

[lapiastre]

i think newbies are happy of their newly acquisition of GER, so they feel positive like we did at the begining. I still hope the best going forward of course, but i donlt hold my breath anymore. I have a fookin' thick shell about GER !! They would need to run cashflow + and share price in the 20's before throwing anymore money here. According to their twitter feed, we might very well see

[lamothze]

Would be great to get last months numbers from the operation in Honduras 24h/7d? I would be happy with 8h/5d to start with. And this Twitter account is useless.

[lamothze]

How doesn't it compare with Arianne Phosphate DAN.V ? Their market cap is $77M but they seem more advanced

[lapiastre]

good point lamote

[Scanner454]

has glen eagle been halsted?

[Scanner454]

not halted.....people are now selling at three pennies.....is this what they call shareholder value.