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 3:30pm

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Post# 26415609

RE:RE:RE:RE:XR!

Thanks IKE,

I got into XR at about 0.09-.095. From my sale of R on Monday, I added to CNL actually. I got back into CNL right before the Newmont buy in. I posted such on that board to that affect several weeks ago. The remainder I put into RoxGold. I like Rox balance sheet and cash flow. Very healthy and a good producer. I was going to invest in Ivanhoe but that is a very long term play and I missed the big run so decided not to. I will of course keep an eye on what happens with Red Eagle Mining. I have a feeling there will be a lot of surprises in the days/weeks/months a head. But I am going to wait that out. If this financing RO is not successful, the Company simply is broke. One month of cash left per management. Doing the dillution calculations, getting back to $0.50 will be extremely difficult. And if they do, the 132M extra warrants become in the money. The COmpany also has a load of options and warrants outstanding previously. We shall see. GLTA

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