Red Eagle Mining Corp RDEMF

Re/Disappointing

[marketsense]

Just to weigh in.  I like everyone else had high hopes for R.  It has obviously stumbled badly
in terms of drilling up more reserves.  It was started up on a small scale with the the option to
double production when more reserves were proved up.  Agreed that is problem.  Exploration
drilling to prove up more resource is what was going to drive the stock higher but that has 
simply not materialized and the selling is just a reflection of that.  Where do you think R would
be if they were obtaining great drill results?  I would suggest a lot higher than current price.
Add to that some initial start up problems which is not unexpected  and voila.........sell off
until there is postive news to reverse the slide.   Mgmt must be disappointed as well.  They
have plenty of skin in the game but things aren't going according to plan and the news vacum
just reinforces the obvious.  Still a holder but have reduced my position accordingly.