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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 > Insiders sell
View:
Post by edmontonfence on Nov 08, 2018 1:56pm

Insiders sell

I’m not holding my breath waiting for good news. The insiders are selling millions of shares for pennies. My guess is the financing isn’t happening and the insiders know it. They won’t release the  news until after they are out. The creditors will get the mine and the rest of us will get nothing.  The stock is trading huge volume and the SC or management is doing nothing.  Welcome to a stock that is run by the Wolfs of Wall Street
Comment by gstirou on Nov 08, 2018 2:19pm
Do you really think the guys would risk jail for insider trading on a couple hundred thousand dollars worth of stock? Honest question not sarcasm. I really do think the fear is setting into everyone. Everyone is thinking it's insider trading and thats the massive sale going on I think.   They will release a statement soon. Again, I do think it will be good news as all un-emotional ...more  
Comment by 2fast4uI on Nov 08, 2018 4:13pm
This post has been removed in accordance with Community Policy
Comment by SGordon on Nov 08, 2018 4:14pm
gstirou.... The insiders don't go in jail because they sell before a bad news (or BK...)!!
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