Red Eagle Mining Corp RDEMF

My opinion, good news soon. I hope.

[abezrjh]

What makes sense to me is Annibale comes and renegotiates as the stock fell to 0.015. They will probably accumulate millions of cheap shares and follow through with their plan to get Red Eagle out of debt. Mining will recommence and shares will go up fairly quickly and perhaps we can recuperate some of our losses.

This is a logical, best-case scenario that I would negotiate myself.

[gold_diggers1]

Or it could turn belly up.  Then someone will come in to scoop up the assets. . Read the post titled "Insiders continue to sell (for pennies)".... If insiders are bailing..... that is NOT a good sign. . Why Annibale came in on the PP at $0.20 when it was trading at $0.07?  And then bailing out? .

[abezrjh]

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

[gstirou]

I heard the same thing from many people who did their research. I also think many of the sales going on today is rightfully based on fear. Good news coming, at least to bump up the stock a bit even if it's for one last time lol.

[2fast4uI]

This post has been removed in accordance with Community Policy

[gold_diggers1]

I just said it yesterday at noon.  Insiders sold at pennies... that is NOT a good sign. . Sorry to see anyone who gambled with losses....  . That Annibale PP $0.20 while trading at $0.07 was too good to be true..... .