Red Eagle Mining Corp RDEMF

RE:Current Thoughts

[gold_diggers1]

GuyInPhoenix wrote: The pattern has been the same now for some time.

You get a blast off to new, higher ground on very high volume. Then you get a period of consolidation, followed by another blast off to higher ground.

The consolidations occur on lower volume. In late February and most of March, there appeared to be a seller who would consistently sell into strength -- halting possible breakouts.

That selling took place between .40 and .45 cents Canadian. Now that we have advanced into new, higher ground it is clear that the selling was very ill-timed.

My guess is that the selling here will be equally ill-timed.

Is the next round of blast off imminent?  The sleeping consolidation in the last few days between $0.55 - $0.58 is ending soon?
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Time and Sales

Time	Price	Volume	Buyer	Seller
15:36:04	0.62	500	Desjardins Securities Inc.	Other
15:36:04	0.62	9,500	Desjardins Securities Inc.	Genuity Capital Markets
15:36:04	0.62	500	RBC Capital Markets	Genuity Capital Markets
15:30:38	0.60	10,000	Desjardins Securities Inc.	Genuity Capital Markets
15:30:38	0.60	3,000	TD Securities Inc.	Genuity Capital Markets
15:22:17	0.60	20,000	Beacon Securities Ltd.	RBC Capital Markets
15:01:01	0.59	4,000	Other	RBC Capital Markets
15:00:59	0.59	5,000	Other	RBC Capital Markets
15:00:58	0.59	5,000	Other	RBC Capital Markets
15:00:57	0.59	1,000	Other	RBC Capital Markets

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Market By Price

Bids
Time of Order	Size	Price
15:37:15	8,500	0.60
15:03:16	2,000	0.59
14:58:54	14,000	0.58
12:08:29	14,000	0.57
09:35:05	16,000	0.56
03:29:09	43,500	0.55

Asks
Price	Size	Time of Order
0.62	10,000	15:36:04
0.63	1,000	07:00:05
0.75	29,500	15:28:06
0.84	5,000	03:29:12
0.96	1,000	03:25:17
1.12	5,000	03:29:12

..