Glen Eagle Resources Inc V.GER

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[takeoverbuck1]

North South Assets (NSA) + Strategic Member Addition of a member in the Alp Bora team specialized in process

-his specialty in process improvement so the plant and the team will be adequately trained With NSA new partnership
-recently provided Glen eagle with support and assistance
-NSA has committed to bring 100 tons of daily ore
-4 grams gold per ton -In return for the ore supply, NSA will share 50/50 with Glen Eagle the proceeds of the dore bar their metallurgist expert in addition to providing a list of their supplier of parts and various products to improve the plant's capacity in addition to being a refiner who purchases gold immediately when produced game changer !! a lot of things have fallen into place but it takes time and the effects cannot be instantaneous

-wind of change

let's be patient hard year for all with Covid and hurricanes Honduras everything is in place to bounce back soon !!

 

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[arycks]

Yes! Thanks for the recap and we all hope our patience will be rewarded. Obviously, now that there is cost & profit sharing with NSA, upside on profit may be lower but I do not think it is that important. First step is to be able to execute and run the operations professionally. On this regard, NSA will help a lot. Good luck to all. Kr, Arycks 

[takeoverbuck1]

we already share the profits with the local miners, with new partners NSA we share the profits and expenses, people don't understand *****don't forget that the Glen Eagle has a "free Zone" tax status*****