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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 gold_diggers1on Nov 09, 2018 10:48pm
311 Views
Post# 28954149

RE:RE:My opinion, good news soon. I hope.

RE:RE:My opinion, good news soon. I hope.
gold_diggers1 wrote:
abezrjh wrote:

What makes sense to me is Annibale comes and renegotiates as the stock fell to 0.015. They will probably accumulate millions of cheap shares and follow through with their plan to get Red Eagle out of debt. Mining will recommence and shares will go up fairly quickly and perhaps we can recuperate some of our losses.

This is a logical, best-case scenario that I would negotiate myself.


Or it could turn belly up.  Then someone will come in to scoop up the assets.
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Read the post titled "Insiders continue to sell (for pennies)".... If insiders are bailing..... that is NOT a good sign.
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Why Annibale came in on the PP at $0.20 when it was trading at $0.07?  And then bailing out?
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I just said it yesterday at noon.  Insiders sold at pennies... that is NOT a good sign.
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Sorry to see anyone who gambled with losses.... 
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That Annibale PP $0.20 while trading at $0.07 was too good to be true.....
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