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

Alternate Symbol(s): GERFF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:GER - Post Discussion

Glen Eagle Resources Inc > Q3

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Post by lapiastre on Nov 09, 2022 12:45pm

Q3

numbers are good. Finally ! Loll....

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Comment by ggrellette on Nov 09, 2022 2:39pm

Are you posting your feelings or did JEAN tell u that. LOL

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Comment by lapiastre on Nov 09, 2022 3:35pm

faking it until they make it ...loll !

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Comment by ggrellette on Nov 09, 2022 3:49pm

LOL - Don't hold your breathe waiting because we will have to call the paramedics to revive you. LOL

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Comment by lapiastre on Nov 09, 2022 4:08pm

lolll i have around 15 yrs of training doing this ;) If jean doesn't turn it around, or Karl, i might hold until he's dead to see what the next ceo can do lolll

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Comment by Scanner454 on Nov 10, 2022 10:23am

Q3 numbers might be out around nov.26.....gpt, needs to improve big time in order for the financials to show break even or proftit...i guess there is a reason why the bid is .025 pennies!

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Comment by lapiastre on Nov 10, 2022 1:47pm

idk but reaching the leach capacity of 150t per day would be a good start. Processing 200t/ day, and pit 50t aside for cycladex tuning. Once tuned, let switch full scale cycladex and go back prospecting on our land while processing the locals.

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Comment by lapiastre on Nov 10, 2022 4:36pm

let say; 150t/d X 300 d = 45 000t 45 000t X 3g/t = 135 000g 135 000g / 33g per ounce = roughly 4000 ounces per year, and this being conservative imo. 4000 oz X 1800$ = >7 m. With cycladex i believe we would be closer to tye 200t per day. That would represent around 5000oz per year at low grade (3g/t)

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Comment by lamothze on Nov 11, 2022 10:16am

I would think if there was any decent continuous operation they would have done a press release

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Comment by Scanner454 on Nov 11, 2022 3:28pm

i think the sp agrees with you!

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Comment by ggrellette on Nov 11, 2022 4:07pm

I like your numbers but sadly they do not reflect what this company's performance is. 150 ton per day is dreaming and 200 ton per day is asperations but has not MATERIALIZED. The only thing that has matrerialized is shareholders dreams.

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