Exclusive Glen Eagle Resources Comments from President Jean Labrecque
Glen Eagle Resources released news yesterday that outlined the plans for the 43-101 on the La Cobra project. I had the chance to chat with the President of Glen Eagle Resources, Jean Labrecque this morning to get a better understanding of the steps the Company will take to further understand the resource.
Glen Eagle Resources is a sponsor on the site and a Company that has my interest because of the unique position they have built in Honduras. The Company has small scale commercial production underway and plans to continue to grow the production in the short term (we touch on this in the interview) as well as the exploration upside from the La Cobra property. This mining concession was granted to Glen Eagle thanks to its close relationship with the government. It was a past producing mine that has the potential to still have a nice resource at the dump site (rock that was not economical at much lower prices) plus at the actual mine.
Click here to visit the Glen Eagle website for more information.
Also feel free to email me with further questions for Jean. I can be reached at Fleck[at]kereport.com.
Click download link to listen on this device: Download Show
Spankster:
I’ll agree with you on this one. That is a really nice consolidation or base which ever.
With some decent drill results you should get a pretty decent move.
Well I hope that it breaks up instead of down.
Also, unfortunately, you often can get a very large initial headfake out such a tight range, which is then followed up by a massive and sustained trend in the opposite direction.
Spankster: If thats the case,buy the breakout if it goes past the headfake.If not use a stop to protect yourself on the downside. My self I would want to have at least started a position before the drill results are released.Once the results are released you can pretty much tell what the stock should do.
I am already balls deep in AXU.
Spankster:
Sometimes it is better to cut your losers loose because you end spending to much time focussing on them,thus leaving yourself blind sided to other opportunities.
AXU has a great deal of newsflow slated for the next few months, so the break will likely be to the upside on the drilling results, resource expansion, and announcement of the mine restart.
Salt , Wampum or Benjamins ……..BITCOIN next………..zh……….good article concerning bitcoin pros and cons..
Jerry:
Link?
zero hedge……..
Thanks Jerry:
Notice the reference to Netscape and AOL Shareholders in the article. I did not have to read any further.
First mover advantage: Lets talk Google,Lets talk Apple.
I’ll file that article with all the others where people are capitalizing on the fears and misfortunes of others.
Glass half full,glass half empty. I think I’ll have a drink.
https://coinmarketcap.com/
That is some of the reasons , I hesitate to post the articles……..I just simply have mentioned the articles in the past .
The pros and the cons in the article were interesting……I thought…….jmo
Keep em coming Jerry.
Perhaps a little commentary by yourself on the whole crypto phenomenon other than just being on the sidelines.
I don’t care one way or the other what people do when it comes to the cryptos but I do care what they think.
As you know I have some how have ended up on the other side of those still getting ready for the dinosaur parade.
I think I just saw a dinosaur,never mind it was just the Geico Gecko.
BRK/A $268,070.00
Berk A….went down a little
I said it was overpriced at $32k…..in 1990…..lol
Didn’t realize how connected Warren was at the time………..lol
Oh, John………agree with you on FIRST MOVERS ADVANTAGE………
If you only had $31,999 I guess it would be overpriced.
JK Penny short of good stocks, forced to dig in the bottom of the pile.
Trump……says Bezo/Amazon is doing harm to other businesses and county………zh
Today is a very important day for SLV, IMO. Right now, the 20 day ema is positively crossing the 50 day ema by 1 cent. It needs to close very near 16 today for this positive cross to stick. As you can see, a positive cross is not a common event on the daily chart, and has been followed up by significant and sustained rallies in the past. Look at January 2017.
http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=1&mn=0&dy=0&id=p56503809921&a=539836775&listNum=1
Spankster:
The chart is bullish, notice the MACD Histogram did not go below the zero line before resuming it’s climb.
FOMC minutes (at 2 pm?) could kill the metals and miners today, or at least do just enough to keep the bulls and bears guessing. A drop below the 20/50 day EMA for SLV, would not be too bullish IMO.
Spanky,
If SLV closes the week higher than 15.80, that would be bullish. If it closes the week below, that would be bearish. Either way it goes, it will be a strong move.
Judging from DULL (silver miner bear), it looks like it’s about to get it’s groove on.
I certainly hope so. thx for your input
World’s Largest Hedge Fund Bridgewater Buys $68 Million of Gold ETF
– World’s largest hedge fund Bridgewater buys $68 million of gold ETF in Q2
– Investors poured $870 million into SPDR Gold in Q2
– Billionaire Paulson keeps 4.36 million shares in SPDR Gold
– “Risks are now rising and do not appear appropriately priced in” – warns Dalio on Linkedin
Good guy or bad guy……..or just made up stuff………? CYA FBI
DEPT SLAVE………thanks FED
I read an article the other day that argue each president since Kennedy is worse than the previous one, and he wondered what the one after Trump will be like and do.
I find it tuff to think any president could be worse than w wilson, the fed and ww 1 has gotta be tuff to top.
Ya know, if someone dug him up and scattered his remains to the 4 winds, that might hit the news. Would provide an opportunity to explain why.
Treasonous scumbag he was.
Ditto on Woody
Ditto 2 on Woodrow.
Each worse than the previous? Bush, Clinton, Bush, Obama, Trump…hard for me to see any clear ranking here. Was Carter or Reagan worse than Johnson? But it’s all been bad at least since JFK, seems to me.
I shoulda saved the article, he made a pretty good argument with examples.
o well, pres is far from runnin the place anyway.
significant ……Ira’s Morning stuff:
Credit/Debt Maxxed out?
India bans all gold exports of 91+% or higher purity.
Interesting………
They Want to Get Rid of Cash – Lynette Zang
Market analyst Lynette Zang says get ready for a “money standard shift.” A reset in how we buy and sell things is being put into place. Zang contends, “Look at the crypto currency area because they know that’s where they want to go. They have to take us there so they can get rid of cash, and they can control everything directly. . . . Generally speaking, all these new crypto coins that are coming out and are making lots of money and people marry that money because of nominal confusion, what is really happening is they are preparing us . . . for a money standard shift.”
Zang explains that the U.S. dollar has lost about 96% of its value since inception of the Federal Reserve, and its value is “nearing the bottom. . . . So, there is no place else to go but to digital currency,” says Zang.
On interest rates, Zang says with all the massive debt out there globally, rates cannot be allowed to rise, and central bankers “need interest rates to be negative.” Zang says, “Interest rates will not go up too much further because that will trigger the derivative market unless they are ready for the shift . . . because all that debt keeps coming due. It’s not like they are paying that debt off, they are just rolling it into additional debt. Rising interest rates will cost everybody more money.”
If rates go up to around 4%, Zang contends, “That would be a trigger and cause a derivative event that will implode all the markets.”
Zang says we are headed towards an undemocratic technocratic financial system. Zang explains, “Technocrats don’t care about people, they care about systems. That’s what the most important thing is. The formulas that guide all of those systems is not how a democracy works. . . . Essentially, what they are trying to do is get all wealth held in cyberspace and the title to all wealth held in cyberspace. Then the “Smart Contract” can immediately transfer that title. You can go to the mall and spend the equity in your house.”
Zang warns that central banks could make a big mistake and lose control quickly. Zang says, “They could lose control because it’s all about confidence. Why do they keep testing all of this confidence? People have been losing a lot of confidence in the governments and central banks. Why do they need a trustless system? They could lose control.”
Zang says every fiat currency will reset against gold and silver, and if it happened today, she estimates “gold would be more than $9,300 per ounce” and “silver would be more than $625 per ounce.” Zang says, given all the unpayable debt in the world, those are conservative estimates.
Join Greg Hunter as he goes One-on-One with Lynette Zang
https://usawatchdog.com/they-want-to-get-rid-of-cash-lynette-zang/
Zang..is full of it per Bix referring to crypto
That’s the market. Its herding cats into a cage, then you spring the rukles on them. If crypto folks don’t think the cabal will be regulating them, there is a bridge for sale..cheap.
The bankers have no plans on sharing the next skim out of all accounts. They will get to charge you for the privilage of storing your digits with them. Cash gets in the way. Summmers & Dimon had to chime in with the rest of the cabal today.
When the sheeple wake up , ….they will be in the cage…….CENTRAL BANKS are going to wake up and see not all will go to the cage……. 🙂
Remember the bridge everyone talks about , connects the big land mass, to the island the Indians sold for a couple of bucks or wampum beads……. 🙂
Trump might be working on ending the Fed, and Summertime might have to get a real job, at a real university….he might try the Golan Height High….
I agree. Zhang is not close to knowing as much as she thinks she does.
Zhang needs to visit Africa and see M-Pesa in use.
Or she could go to Rumania or Albania where the M-Pesa Vodacom system is also in use.
Who knew Rick Rule could box?
https://www.youtube.com/watch?v=004NoCnb6lo
Doug Casey and Rick Rule on Libertarianism.
Off topic:
An astronaut wandering the moon next year could use a smartphone to call home. A German startup is preparing to set up the first telecommunication infrastructure on the lunar surface. The German company PT Scientists, short for Part-Time Scientists, which originally competed for the Google Lunar X Prize race to the moon, plans to send a lander with a rover in late 2018 to visit the landing site of Apollo 17. (Launched in 1972, this was NASA’s final Apollo mission to the moon.) Instead of using a complex dedicated telecommunication system to relay data from the rover to the Earth, the company will rely on LTE technology — the same system used on Earth for mobile phone communications. “We are cooperating with Vodafone in order to provide LTE base stations on the moon,” Karsten Becker, who heads embedded electronics development and integration for the startup, told Space.com.
CFS :
Good post. I am always leary investing in Headlines of New Technology.
One of my biggest losses I took was in a new technology company that had a Shuttle Commander on the Board of Directors.
You would be right not to invest in the PTScientists firm….Bunch of dumb*sses in my opinion.
e.g. Cell phone technology is not duplexed….imagine the problem with the delay and not being able to have both ends speak at the same time.
Or imagine the problem of trying to radiation shield the electronics.
Even the curvature of the moon surface is a problem for long distance line of sight communication.
Start Thinking about Pence or Ryan being President before ind of this year. S
Thanks for letting us know the deep states plan, Russell!
Good to know you got the inside track!
funny……good one……..Pence needs to pope on a rope, and little demon ryan needs a ding bat from hell’s chance of that happening……..
Dang , no wonder this country is screwed……..
To heck with the political incorrect Large corps…….
Start “thinking” Trump will round-up all deep state spooks! Lol
Silver a little pop over ………..$17……..big run coming….
Head starting to roll……..Mueller losing a body……
FBI another CYA moment ?
Thanks for the links, OOTB 😉
My pleasure…… enjoy……. 🙂
REOPEN THE CASE………..”Tarmac party “everyone invited……..
AXU should be providing some entertainment soon. Unprecedented low volatility range over the last 4.5 months IMO.
http://stockcharts.com/h-sc/ui?s=AXU&p=W&b=5&g=0&id=p11065567503&a=539830994&listNum=1