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Bullboard - Stock Discussion Forum RED EAGLE EXPLORATION LIMITED V.XR

"Red Eagle Exploration Ltd is engaged in the exploration, development and permitting of mineral properties. It owns the California Gold, Vetas Gold and Santa Ana Silver projects."

TSXV:XR - Post Discussion

View:
Post by digingdeep on Apr 25, 2014 10:29am

Financing

What about  a $100 million loan, 15% annual interest rate, payback in 5 years, and a pledge of the mining rights and facilities as a guarantee. No dilution.

Ross Beaty could be interested in such good transaction? We all know gold is there.
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