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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 shloon May 08, 2016 1:47pm
217 Views
Post# 24852066

RE:RE:RE:RE:RE:RE:gaps?

RE:RE:RE:RE:RE:RE:gaps?Gold Diggers1- Excellent post. You poured salt on my wounds, I sold TGM a day after the announcement for 52 cents. Ouch. (Well I bought them between 18-24 cents so it wasn't that bad, and I bought with it DV.V which was at the time 15-17 cents so I ended up ok).
I am not sure that RD will be acquired soon. They are owned by Liberty Metals and another big firm which I can't remember, and they are not likely to sell because indeed in the mid- long run they are going to double or even triple- I agree with your (conservative) calculation. 
I was stupid not to buy RD on the gap. Could I guess it? I am not that smart. Now I have an order on limit of 56 cents because I am afraid of a correction. I need the money, it helps me with my family budget and I must be prudent, therefore I have one eye constantly watching the risk factor. 
Again, I think we both agree upon the future but I want to hedge for a likely correction in the next few weeks.

Bullboard Posts