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Red Eagle Mining Corp RDEMF

Metals & Mining Industrial Metals & Minerals
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 wiseyoungmanon Jul 22, 2016 7:18pm
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Post# 25077604

RE:RE:RE:RE:How long till we get to 1 dollar

RE:RE:RE:RE:How long till we get to 1 dollarAgree. My range of $1.25 to $1.50 is based on minimal change in gold price. If gold does run to at least $1,400, as many have predicted, then yes the price goes higher. I am being conservative and assuming gold trades $1,300 to $1,350. The big moves in this stock is the big unknown is how rich the deposit is and adjencent targets. Vetas is also just icing on the cake. That drilling is ongoing and we should know more by later Q3 and in Q4. I am very long this stock. This Company has also the fact it is the only operating pubco from North America in Colombia which is what larger companies would love to diversify risk and capitalize on currency strengh. GLTA

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