Red Eagle Mining Corp RDEMF

RE:New Article about RD on Seeking Alpha

[wiseyoungman]

Good post smokinwillie. The author does not understand that this company has loads of exploration potential which is highly likely to expand the reserves. The major shareholders did not build this mine for only 405K of reserves. They already know there is much more gold. Also the NPV information is outdated and does not reflect the significant decline in the Colombian Peso the last 2 years.  Further the Vetas advanced stage project is something the entity bought at a dirt cheap price and that is also built into the price, albeit at a very small amount at this stage. GLTA