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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Comment by WileyCyteon Jun 28, 2017 1:15pm

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Post# 26414657

RE:Crushed

I agree completely marketsense. Very poorly played by RE management and the stock is being punished as a result. A virtual textbook example on how not to handle bad news, be it the mining sector or any other.

I am with you - basically forced to pray to almighty Jesus now that the RO goes through AND the company raises enough to survice another year AND they manage to pour gold again in December.

Yes, that is a lot of things that need to go right - lots of AND's in that sentence. But wtf else can we do? Nothing. It's no longer a proper, rational investment decision - it's a friggin prayer at this point.

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