Red Eagle Mining Corp RDEMF

RE:RE:Gwen Peston just published newsletter includes Red Eagle

[marketsense]

Excellent post Wiley.  You've echoed my sentiments pretty well except I'm still bristling over
the "opportunity" offered to long shareholders to participate in the R/O.  They've got a lot of 
b*lls to come and ask for more money after what they've pulled.  Incompetence on top of 
gross failure to inform and then come back and ask like it was a special gift package courtesy
of mgmt.

They've broken trust with holders and now want that trust back again by asking holders to
recapitilize them.  I understand the dilemma perfectly but they've got understand that in order
to be given a second chance there is no room for more mistakes and treating shareholders
in a cavalier fashion.  I'm not sure if they've learned the sentiment lesson but I agree that
mining is a risky business and not everything can be known despite all the planning.  That's
where I'm prepared to give them a little slack.  That said I'm still long and the gold is still there.
This is now an extreme show me story and for my sake I hope they make it.












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