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Red Eagle Mining Corp RDEMF

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

Bullboard Posts
Post by Investor1956on Jun 27, 2017 7:32pm
249 Views
Post# 26411383

When all else fails....Pray

When all else fails....PrayI think the mgmt of the company totally misjudged the sentiment and anger of the shareholders and the majority who have just totally dumped in frustration resulting in the stock trading down to this level below the 35 cent price. They probably thought they were giving everyone a deal with this offering not realizing the selling frenzy that resulted once the truth was told. Price is all based on supply and demand and when there are more sellers than buyers the price goes down.

I hope that the emotional selling will subside as it appears there are still lots of people who were caught and still holding (like myself)... I really can not bring myself to believe that these people are so nieve and stupid they don't have some news to share that they have been sitting on that this isn't going down the tube and can return this to a going concern. I am not a very religious person but I think when I go to sleep tonight I'm going to say a little prayer for this company as that maybe all it can depend on for now. I should have not sold my Vancouver real estate! That is where the gold seems to have been.

Bullboard Posts