RED EAGLE EXPLORATION LIMITED V.XR

Ridiculous

[clarkk3nt]

The votes are clearly not there for the OM.L transaction, there is a reasonable offer on the table from RD, and they decide to do a PP ... of which approx. $35-45k/month (im guessing, could be more could be less) will go to pay the salaries of the top 3 executives while the company continues to drift.

A third of shareholders approach a competitor seeking a buyout ... its pretty clear that Management has lost the faith of some significant shareholders and I would venture to guess most of the "retail" shareholders.

At this point I, and it sounds like a lot of people here, would rather own shares in a company with RD's Management team developing two excellent assets than continue down this road.

Explore the RD offer and put it to a shareholder vote before another dilutive PP is completed.

[DosCervezas]

Another update from the Caesars-website: Source: https://www.caesarsreport.com/blog/cb-gold-plans-to-raise-c3-5m-in-a-surprising-move/ Another change of plans at CB Gold (CBJ.V) which has announced it plans to raise up to C$3.5M in a private placement. That’s a surprising announcement as the company warned its shareholders it had to vote in favor of the asset sale to OM L

[santi69]

Management is really indecisive here in what they hope to accomplish. The ever changing direction in what should happen to the company is a joke. They did not get my vote. Funny how the big guy appears to be trying to extract a bigger payout on the majority of his shares he acquired for just over 1/4 of 1 cent for each share. Ibet you approx. 99% of the other shareholders paid a heck of a lot

[mbrazzo]

It is very clear now that management already gave up on the asset and it is only looking to get salaries and suck the blood out of CBJ. And Caponi is issuing more shares to Navarro so she can cover his tracks in case other investors get in the way. I will submit a complain to regulatory entities in Canada. Mark

[theopportunist]

Feel free to use/arrange my own mail to complain: https://www.stockhouse.com/companies/bullboard/v.cbj/cb-gold-inc?postid=23856664

[bepractical]

This is a very unusual and unprofessional move by mamgement. I would hope that the regulators look into this proposed money raise at a most inopportune time. Red Eagle should be commenting and/or talking to the regulators regards this bush league tactic.