Red Eagle Mining Corp RDEMF

RE:RE:RE:RE:RE:When is that consolidation coming ?

[9rookie]

bannannaman wrote: With the warrants 530 million shares outstanding, 140 million warrants owned to the largest extent by the major owners. To me, this is the big squeeze. They are trying to drive out anybody they can before everything begins to show itself. It would be a natural way to control SP eventually. However, the SP went from 80 to 65 to now, and only the majors knew. WHICH WAY IS IT? For the life of me, it just went from months of 29-31 to 26. Is something wrong again, tell me! GLTA LONGS, 26 + 9.5 = 35.5, still above the rights offering BUT fear has set into the equation. Thanks for the vent! One would think they will eventually get the SP to 50 to exercise all those warrants. This investment is certainly harder than I thought, and requires mucho PATIENCE. Either that, or everyone including the major owners are in for a bath, including myself.

Could you imagine if  they ever became profitable , even increased their gold resources to 2M ounces , Do you think they woud ever be able to pay a Dividend to 530M shareholders .
How are you supposed to make money holding these shares?
Can anyone tell me .