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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

Comment by abezrjhon Nov 08, 2018 12:56pm
136 Views
Post# 28944863

RE:RE:My opinion, good news soon. I hope.

RE:RE:My opinion, good news soon. I hope.I read the post. However the amount of shares sold did not scare me. However I did see that a single entity is buying tons of shares at 1.5 cents. who knows. There is a rightful amount of fear going on.

Also what originally caught my eye was that they are currently mining and processing 3 grams per ton.  The average is about 5.2 g/t in other areas and in some locations they drilled and found 108 g/t ( 33 times more )  Mining in this location was supposed to start Q3 and I guess this depends on what happens next.  Also Annibale is not the only investor they're relying on. Perhaps I am naive but Red eagle is mining and consistently finding gold. The outlook on future mines look good too. 
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