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Red Eagle Mining Corp RDEMF

Metals & Mining Gold
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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Post by TheTiminatoron Oct 06, 2016 9:46am
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Post# 25316288

POG being manipulated in advance of poor jobs report

POG being manipulated in advance of poor jobs reportHave to wonder...is the price of gold being manipulated downwards in advance of a poor U.S. jobs report tomorrow? The ADP data shows 170,000 new jobs in September vs. 177,000 the prior month. There is no basis for the dive in gold prices this week, and the fundamentals of the economy haven't suddenly changed for the better. My advice would be to weather this week, and gold prices will come roaring back next week when the Chinese markets reopen.
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