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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 7:53pm
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Post# 25077666

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

RE:RE:RE:RE:RE:RE:How long till we get to 1 dollarDrill results have to prove up a larger reserve base then $2 after production starts could happen. I based that on Roxgold which trades at $1.6 but has 1.7 times the number of shares outstanding as RD. Rox also has done drilling in adjacent target and has a bit larger reserve base and costs per ounce a bit better. So RD has some drilling work to do. I will leave that up to my Q4 posts once we get past first gold pour. I do not want to put cart before the horse just yet. GLTA. 
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