Glen Eagle Resources Inc V.GER

to share some thoughts!

[gemsearcher2]

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

[Scanner454]

all good news with probably lot more to come.....downside is the current fall in gold prices..currently down another 80 bucks

[ggrellette]

Well that is a lovely post, but sadly the share price did not hear it. Although I do hear what you are saying but it is a SHOW ME STORY NOW and speculation will not move this stock any higher. 

[Scanner454]

gg....hopefully you already have signed up for june 23 (agm) to share some of your thoughts with the person in charge!....they are now hitting the bid at seven...

[gemsearcher2]

Thanks GG! and i also understand what you are saying,, the proof needs to be in the pudding eventually! And agreed Scanner.. the POG is really getting hammered today and the past few days. I guess just because GER is a small producer their SP is being affected too but really even at 1750$/oz it is still a lot more than it was a few years back and i expect to see a big reversal and recovery occur