GREY:RDEMF - Post by User
Post by
SilentRiveron Nov 01, 2018 7:47am
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Post# 28906431
What a mess
What a messI still had a bit of hope, until insiders started selling at .04c. The boards/opinions on this stock are also very quiet.
I'm troubled by the lack of information on the news release update. What is/was the personal guarantee? A signed legal document? A hand shake? A wink and a nudge? Why would Annibale bale out Red Eagle at .20c when the stock is trading at .035c
"The private placement (“Private Placement”) for gross proceeds of approximately C $50 million has not yet been funded by Annibale. Red Eagle Mining continues to expect the Private Placement to close. If the Private Placement is not funded by Annibale or 100% owner of Annibale, Fernando Palazuelo, who has given a personal guarantee, Red Eagle Mining will vigorously pursue all legal remedies. Anyway, more selling:
Filing
Date | Transaction
Date | Insider Name | Ownership
Type | Securities | Nature of transaction | Volume or Value | Price |
| Oct 31/18 | Oct 26/18 | Balit, Patrick | Direct Ownership | Common Shares | 10 - Disposition in the public market | -139,500 | $0.045 |