RED EAGLE EXPLORATION LIMITED V.XR

CBJ

[Lunchisforwimps]

There are some big shareholders such as Ross Beatty in on this stock at much higher prices ($10 million at a buck if I recall?). I would not totally write this off yet. If Beatty is prepared to walk away from this story then we are in deep trouble. In my experience, the big boys controlling the shares will try to salvage an investment that large (they are the true owners and one reason I invested). It has high grade gold strategically located next to the AUX, Galway and GWY Vetas. Disappointing, hell ya, however, I am not so sure it is a total write off like Colossus. It will in all probably never see it's lofty heights again given the share structure. However, there is still lots of drilling of some very high grade veins at some point in the future. End of the year is what I was told at PDAC. In other words dead money for a while. At least the Paramo nonsense is covered off.

[TruthTalks]

Keep the dream alive! High grade promised, but 3g/ton delivered.  1.5m oz of gold promised, 121k delivered. 10m for Ross Beaty is a drop in the pond. 70,000 feet of drilling completed.  You think another 70k more will find the gold? I agree with end of year, this is the point where CB will be out of cash (Burning at 200k/month). At this point it will be a merger within the area for

[Lunchisforwimps]

Pretty tough to argue with that assessment. Let the paramo grass and shrubbery grow in over the 121k oz.  Galway can pick it up for a song.