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Bullboard - Stock Discussion Forum 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... see more

GREY:RDEMF - Post Discussion

Red Eagle Mining Corp > When is that consolidation coming ?
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Post by 9rookie on Feb 20, 2018 2:30pm

When is that consolidation coming ?

How long can they stay listed on the TSE at $.28 ?
Comment by bigfatt on Feb 21, 2018 6:20pm
not long once they announce the cost of mining that miniscule amount of gold/annum...only reason I point this stuff out..is I was fleeced by these salary burners..get out now take the hit move on and learn...
Comment by Jlmcjjesquared1 on Feb 22, 2018 2:58pm
New to this site...lot of excelllent dialogue and different perspectives.  Just a melting pot of thin skin and "colorful" members. LOL! I'm knee deep in the soup and looking to learn from everyone so I try to sort out the emotion.  I do have a question and there are definitely a lot more qualified people on this site than myself so... I understand that when financing was ...more  
Comment by ikebalinski on Feb 23, 2018 6:25pm
This post has been removed in accordance with Community Policy
Comment by bannannaman on Feb 23, 2018 9:35pm
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 ...more  
Comment by 9rookie on Feb 24, 2018 11:21am
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 .
Comment by ikebalinski on Feb 23, 2018 6:16pm
This post has been removed in accordance with Community Policy
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