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RED EAGLE EXPLORATION LIMITED V.XR

"Red Eagle Exploration Ltd is engaged in the exploration, development and permitting of mineral properties. It owns the California Gold, Vetas Gold and Santa Ana Silver projects."


TSXV:XR - Post by User

Comment by TruthTalkson Apr 02, 2014 12:34pm
207 Views
Post# 22400676

RE:RE:CBJ NEWS

RE:RE:CBJ NEWSIt's no joke.

This management team has run this project straight into the ground.  With only 3 million in the bank, they are going to need to raise cash in the next 6 months.

With only 121k indicated (Inferred means next to nothing), how are they going to pitch this?  And if they do manage to find financing, its going to be at under 10 cents with huge share dillution.

Call a shareholder meeting, these guys have screwed everyone.


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