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Bullboard - Stock Discussion Forum Glen Eagle Resources Inc V.GER

Alternate Symbol(s):  GERFF

Glen Eagle Resources Inc. is a Canada-based company, which is engaged in the acquisition, exploration and evaluation of mining properties. The Company is engaged in the production of gold and silver from the purchasing and processing of material in Honduras. Its activities also consist of owning mining concessions in Honduras where it intends to proceed with an exploration and evaluation... see more

TSXV:GER - Post Discussion

Glen Eagle Resources Inc > 4 pennies coming?
View:
Post by Scanner454 on May 30, 2022 8:24am

4 pennies coming?

market maker just added 36 thou to the ask at 5 cents....looks like the  4 cents are coming.....
Comment by lapiastre on May 30, 2022 9:56am
we can only hope going to 4. Not sure if it can go lower, but i don't think so. Looking to add. This cannot be more catastophric imo.
Comment by ggrellette on May 30, 2022 11:55am
As we all know hope is not a winning strategy but sadly that is all that is left here. Can it go lower and the answer is a strong YES. Now will it it go lower...................??????????????? The ask and bid is showing the bottom maybe in or approaching the bottom. Gold dropps big one day this week and this could be at 4 to 4.5 cents quicker then "Lapiastre" can respond on SH.
Comment by lapiastre on May 30, 2022 12:33pm
damn, it's been 35 min. since you posted ! You would have plenty to reconsider your position loll... I was thinking of aclj6 and he was right ;)
Comment by lamothze on May 30, 2022 12:45pm
Q1 numbers are out and they are a lower than Q4 2022. The only positive from the MD&A is they said they received the parts they've been waiting for for several months in May.
Comment by Scanner454 on May 30, 2022 1:35pm
68 ounces of gold produced in 3 months is terrible.....no cone crusher you cannot crush rocks and the only alternative is tailing which saw a gpt of 3.4 combined with copper that created all kinds of problems...speaks truth to the last 4 years.....positive is the plant is running 7/24....any other positives?
Comment by lapiastre on May 30, 2022 2:45pm
i think the positive is that it cannot be more catastrophic. Looking to buy more hope....
Comment by KanyesRabbi on May 30, 2022 2:46pm
Not sure why anyone who has zero confidence in the future is still holding the stock.....  it's beyond me why you wouldn't sell and move on 
Comment by lapiastre on May 30, 2022 5:01pm
keep asking why no one is selling. Don't ask why people are accumulating.
Comment by ggrellette on Jun 03, 2022 12:45pm
He does not ask because he does not think anybody is accumulating this stock. Seriously why would anybody accmulate this junk.
Comment by Scanner454 on Jun 05, 2022 8:56pm
shareholders can show their displeasure at mgt. and board of directors by voting their shares accordingly before the companies agm on june 22....interesting that none of the directors option based shares are in the money...
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