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Red Eagle Mining Corp RDEMF

Metals & Mining Gold
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

Red Eagle Mining Corp
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Comment by gold_diggers1on May 02, 2016 10:42am
127 Views
Post# 24832482

RE:RE:RE:RE:RE:RE:RE:HALTED

RE:RE:RE:RE:RE:RE:RE:HALTED
wiseyoungman wrote:
I agree that a buyout now is too early. Need to expand the San Ramon reserves and also do drilling on adjacent targets and Vetas gold project. Also wait until the first gold pour. A buyout then could be anywhere from $1.75 to $3 depending on the above. Patience Patience.

TGM was bought out just before (TGM goes into production) by EDV with a share exchange priced about $230MM.......  But with EDV share price increased, now TGM deal is worth about $300MM...... So, for RD, it's about $1.60/share.....
.
GLTA 

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Dealroom for high-potential pre-IPO opportunities