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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 interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.


GREY:RDEMF - Post by User

Bullboard Posts
Comment by pocarrieron Jun 30, 2015 1:01pm
109 Views
Post# 23881510

RE:RE:RE:Red Eagle submits official offer to CB Gold

RE:RE:RE:Red Eagle submits official offer to CB GoldComment on ceo.ca yesterday...$RD, had a good talk with Ian. AGM went well, +99% voted for RDs board members. Financing is in the final stage (paper work), construction should start immediately after closing (expected mid July), they're all ready and everything is set with the contractors to start construction in CO; expect continuously strong shareholders support in the current and final PP and as well some new solid investors; Expect also some great news re debt package; RD will file an offical BID for $CBJ tmw and then their shareholders have 35 days to decide, RD will need 51% of the votes; CBJ takeover would "only lead to 15% dilution after all" and RD would be able to "double their assets", Ian doesn't expect permitting and security Issues at Vetas which is a mining town and needs new business; drilling program (+10k m) will also start collateral to the construction progress, that's awesome re the news flow and RD will target 1. San Ramon Extention 2. regional targets as shown in the current CP, imho high potential for further discoveries; the stunning FS results are even better now as the Colombian currency has weaken +20% against the USD since the FS publ. #colombia #gold 29 Jun 2015, 15:29 from #index.html
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