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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 > going forward
View:
Post by Scanner454 on Mar 24, 2023 8:39am

going forward

1.balance from moose lake sale due feb17/23.....has it been paid?
2 money from moose lake sale has it been used to pay down debt?
3.gem dispute a big headache!
4.march 31/23 10% of 6 mil shares in phos will be released to ger
5.thereafter 15% of shares of phos released every 3 months
6.phos shares trading in the 75 cent range.
7.is the milling operations in honduras losing money,breaking even,or making money?
8.should they sell their hondurain operation?
Comment by EarsOfADonkey on Mar 24, 2023 10:20am
Almost criminal the lack of updates from this company. 
Comment by lapiastre on Mar 25, 2023 6:15am
Yes, i think it's either a quiet period because of a buyout or merger or whatever, OR simply because there is nothing to update. Sure it looks like a complete lack of respect to shareholders and update frequency barely legal. Anyone tried to call the ceo lately ?
Comment by Sapiens on Mar 25, 2023 9:30am
I email the CEO quite often and always get quick answers, but unfortunately the answers are always the same, like soon it will be our turn, the company has a bright future, etc. I have heard this for 10 years without any positive results
Comment by ggrellette on Mar 25, 2023 11:19am
Why would you call him when you already know what he will tell you. Poster Sapien has finally realized the reply is always the same. Lots of dreams and forward looking statements but nothing of value. The only person making money is JEAN with his $120,000 a year salary for running a 2 cent company. I have no idea how this guys stays in his job. I have voted him out for the last 10 years but he is ...more  
Comment by lapiastre on Mar 25, 2023 2:16pm
That must be ''my 2 cents''...lolll. Joke aside, grelette was right all along.  Grelette, as much as i hate your posts and constant bash, i should have listened.  Oh well, i thought phosphate and gold investments were poised to win....but unfortunately they didn't.
Comment by ggrellette on Mar 28, 2023 11:53am
f you go back 13 years or so u would have said I was a cheerleader and that I was until I started to realize this CEO was only looking out for himself. The constant forward looking statements that never materialize or did not materialize in the timeframe JEAN stated. JEAN loss ALL credibility with me and that is when I dumped 95% of my position. A couple of years ago I dumped 3% of the 5% I had ...more  
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