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.

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Red Eagle Mining Corp

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Comment by SmokinWillieon Jul 23, 2016 10:58pm

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Post# 25079190

RE:RE:New Article about RD on Seeking Alpha

Thanks always, wiseyoungman.. I feel better being in this stock knowing you are in also...

Hard Asset Investment from Seeking Alpha wrote in Oct/15 that the AISC would be $763/oz, while Ivan Lo from Equedia wrote in May/16 AISC would be $670/oz. Both of them said cash cost would be $596/oz. Will they really get AISC below $700... maybe with the low Colombian Peso..

I expect grade milled to be much higher than 5.4 g/t quoted and therefore more gold produced and larger profits. Would love to see them start upgrading the mill to 2,000t/day, NOW..

BUT, first things first,, lets see them increase reserves and grades by drilling...

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