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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

Comment by marvelmakeron Aug 27, 2018 4:53pm
342 Views
Post# 28525504

RE:Baby Bear

RE:Baby BearSorry past experience tells me this company is being rescued so it can be sold. If you are looking for accountability the team they rescued usually go when the deal is done. Restructuring is painful. Average down if you have the stomach. Most of the takeovers oocur within a year or two of the restructuring at a much higher price. If you are still here after selling. The fact that they have a producing mine and a few other properties plus they are ramping up production means alot. New resource friendly government in Columbia and a good producing mine. If you didn't get your fill at the bottom there might be some short term opportunities. Disclosure:. I own the warrants which are far away from post consolidation strike price.
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