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Red Eagle Mining Corp RDEMF

Metals & Mining Gold
Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.


GREY:RDEMF - Post by User

Red Eagle Mining Corp
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Post by yopeace12on May 02, 2013 11:45am
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Post# 21345017

costs

costs

anyone have any idea how much cash this guys are burning per month right now?  Corporate presentation says won't need financing until Q4 so that implies 2-3 mil per month approximately given the 15 mil they had in cash at the beginning of April.  Sound right?

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