Glen Eagle Resources Inc V.GER

gold at 1982

[Scanner454]

price of gold at 1982 does not seem to entice buyers here yet...wonder why?

[lapiastre]

we go up.

[ggrellette]

"lapiastre" you have not learned anything. Going up u say, only if they have shown progress in mill capacity along with profit. If not you will be holding that bag longer no matter what pumper comes here.

[Scanner454]

10 yr. chart other than a couple of blips does not look good,,,,this is all with the same mgt. until the recent hire of mr. trudeau.....so far they have been unable to increase the g/per ton to make this operation break even from what i have heard......maybe updated financials prove otherwise....would be good to know their breakeven number...would it be good to sell their hondurian operation and

[KanyesRabbi]

I'm on the lookout for any pumpers Ain't gonna be none of that shite ! We have to be forward looking with realistic expectations.  In a strong market it's reasonable to expect to see 7-10x and potential for 15-20x quickly on a play like this.  We can nitpick at it but if it starts to go it can move up quick with so many shares tightly held.   

[Scanner454]

according to sedar, four and half months since companies las mda......unusual?....bid/ask seven pennies