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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 wiseyoungmanon Oct 21, 2016 3:50pm
183 Views
Post# 25372527

RE:Question for the board

RE:Question for the boardI think you mean a 1:3 reverse stock split. That won't happen since there is no need to do so. Many institutional investors do not invest in stocks until they hit a certain price level.  So what? RD will increase in value over time and they do not need any financing. Ian would laugh at such a question. RD's 235M shares is within normal limits for a Company in this situation. If RD needed financing, you would have a point. GLTA
Bullboard Posts