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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 ccrfmacon Nov 18, 2018 5:13pm
445 Views
Post# 28991878

RE:RE:RE:RE:RE:RE:RE:Any news

RE:RE:RE:RE:RE:RE:RE:Any newsAs far as I know, the biggest shareholders are also the main lenders to the company. According to Kallpa Securities (Lima, Peru), they are trying to get a solution different from bankruptancy, that is the reason they did not apply for chapter 11 yet. Let's hope there is a deal coming on. The company has good assets, but lousy management.
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