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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 gold_diggers1on Apr 01, 2016 7:27pm
102 Views
Post# 24722460

RE:RE:RE:Picked up a few more shares today.

RE:RE:RE:Picked up a few more shares today.
santi69 wrote: God point gold_diggers1. But, I believe anyone looking to take out Red Eagle before they are up and running and into commercial production may be rebuffed by the few insiders who control a lot of shares.

santi69, I certainly hope so.... so that full values of RD can be realized.   TGM is valued at 400MM shares * $0.50/share = $200MM currently.
.
RD is valued right now at about 186MM shares * $0.405/share = $75MM.  A double from here is still only $150MM market cap.
.
RD's sp is holding up very strong..... as production is near....
.
GLTA



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