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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

Post by bannannamanon Aug 12, 2018 1:17pm
196 Views
Post# 28446595

The Time Has Come

The Time Has Come   Some time next week the SP is going to change,either higher or lower, your guess is as good as mine, determined on whether they have 10,000 ounces in the last quarter, as per own designations of 3000 for may. I phoned Patrick twice, two weeks apart, asking him to leave a message, did they produce 3000 in May, he did not respond either time at all. Not a vote of confidence, my little 28,000 shares bought at average of .43, with 5,000 rights, sit on a teeter totter going the wrong way, and more negativity would surely bring the price down. However, right the SP has no value for gold at all, only the mine itself and no volume of selling making it conceivable that if they have produced the guidance they projected and things are smooth, it will be better. They did not give a monthly update last month, who knows why, we will probably find out shortly. Have been in this over a year plus, and lost money, hope not on a sinking ship, and will be disappointed in myself, decided to hold on with the major owners, we shall see soon. When one takes it with emotion, it can be one's worst enemy. Woe is me, the cat jumped over the moon. GLTA for a the right stuff in the quarterly!
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