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Red Eagle Mining Corp RDEMF

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

Bullboard Posts
Comment by gold_diggers1on May 30, 2016 9:43am
118 Views
Post# 24915364

RE:Is this for real?

RE:Is this for real?
shlo wrote: After selling my position, I put a BUY limit of 58. The time for this order to expire was a month, and it was more kind of a wishful thinking.
I just arrived home to learn that 80% of my order was filled. What happened here? Maybe sell stops? This is crazy, and I want to thank the market for allowing something like this to happened. 
Now the question is what to do? I tend to put a SELL order tomorrow for 72 cents.
Why to sell?
I just feel that the correction has started. We might have another day or two where prices will go higher, new "stupid" money will come in, but then- who knows. I will not be too surprised if the correction will wipe out 50% of the gains of the last  few months. If RD is included at this correction they will fall to mid- forties
Why not to sell?
This company is unique. They know what they are doing. I will not be too surprised if they come soon with some amazing news that will make a share price of around 70 cents to look like fantasy.
I will sleep on it and I for sure I will not do one thing. This is reading and listening to all the "experts". 
GLTA
Shlo


RD did make one day back to $0.73 after the big drop..... And then it;s retreating down to mid $0.60s.....
.
So..... which one is correct?  Why To Sell or Why Not To Sell?
.
I really don't like seeing back to mid-$0.40s?!..... given RD is going into production soon......
.


Bullboard Posts