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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 > Baby Bear
View:
Post by SchiffKnowsBest on Aug 27, 2018 12:12pm

Baby Bear

Seems like the goal of the manipulators here is to strike a balance in the share price where the deal looks good to the retail who are being diluted but not so good where they will participate in the 20 cent financing. Trust me.....Palazuelo will gladly soak up every potential share here at 20 Cents. Nevermind the destruction of capital where this actually looks like a good deal to retail.
Comment by marvelmaker on Aug 27, 2018 4:53pm
Sorry 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 ...more  
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