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.

GREY:RDEMF - Post by User

Red Eagle Mining Corp

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Comment by wiseyoungmanon Jun 28, 2017 2:16pm

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Post# 26415054

RE:XR!

Joseph K

I would not neccessarily say this is good value considering what is happening with Red Eagle Mining, its majority shareholder. XR also has a lot of payments owing for properties acquired. However, I am a bit of a gambler and had some spare money. I picked up 100K of XR this morning. Why many may ask? XR is a separate legal entity and Red Eagle's problems are not neccessarily those of XR. Further, it may be possible for someone to buy out this Company which would give Red Eagle some of the cash they are so desperate for. Not sure of this happening, but like I said, I took a gamble. Not a lot of money and I will lose no sleep if I lose the money. GLTA

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