Red Eagle Mining Corp RDEMF

RE:RE:RE:RE:How about some news RE?

[Lookingdeeper01]

Finally someone coherent gave a perfect response that should clarify everyone in this board why the share price is where sits right now. Thanks wiseyoungman. You couldn't had expressed it better. I 100% agree with you, too.
The stock was at near $1 in November 2016, announcing the first gold pour and drilling in satellite targets. It also coincided with the 1st Gold Symposium held in Colombia. Guess who was there? Yes, Gwen. The company created expectations also with its subsidiary CB Gold. Everyone was excited to see things happen. 
This is what happened after, delays in reach commercial production, net losses, and apparently nothing happened in the exploration side. The rebranded CB Gold announced a 20M overlotted financing, and that hasn't been completed. Now there is other one announced with no ceiling, surely to raise a few bucks to cover overhead while the management figures out what the new plan is. New VP Exploration, new board members, and NO MONEY to do any work this year....yet.  XR needs 1.6M (as per the website presentation) to cover acquisition costs, and on top of that, overhead, and on top of that, EXPLORATION. Quite ambitious plans. That reflects a 48% underperformance in the stock in less than 1 year. Bravo! 
So if the share price is to go up also based on positive news coming from the subsidiary, I have a terrible feeling that it will be the opposite, Red Eagle will drag XR down, too.