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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 geocycleon Apr 03, 2014 12:13pm
150 Views
Post# 22406223

RE:0.10 DEAL

RE:0.10 DEAL
Really disappointing that yet another company has pulled this scam – just like Colossus Minerals.  This drags down the whole industry.

Other Colombian examples:  Ventana, Continental … aggressive drill campaigns and solid, early, maiden resource estimates.  Why?  Because those are real deposits and the data stood up to independent evaluation.  They now have other problems for sure... but they are solid deposits.
 
Not CBJ.  There is a serious problem when a company needs to spend 3 years (?) drilling before they allow a resource estimate (as with Colossus Minerals).  It means they know they have a problem and they are hiding it from the market.
 
Gold doesn’t "hide" from the statistics in a resource estimate …  that’s Felderhof talk.
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