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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

RED EAGLE EXPLORATION LIMITED > COMMENTS PLEASE
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Post by digingdeep on Jun 23, 2015 4:24pm

COMMENTS PLEASE

Somebody can clear:

1. If Michelle Navarro´s  proposal to buy US$3.5 million of CBJ shares has been approved?

2. If Caponni still in the Board?

3.  That Red Eagle´s proposal was not approved and is out of the table for now?

4. How are we going to control these dogs?

comments please,
Comment by DosCervezas on Jun 23, 2015 4:55pm
1. That was never the plan I think. If she goes over 20% she needs SH approval 2. As all other resolutions have been approved, I'd guess Fabio is still there 3. RD's proposal hasn't even been brought to vote (I think. I'm pretty sure it wasn't on the agenda)
Comment by royalton on Jun 23, 2015 5:22pm
The new placement has not been approved- I among oithers have filed objections with the BCSC-British Collumbia Securities Commission- would expect this placement to be disallowed Caponni still on board for now- Red Eagle offer should be reaffirmed tomorrow with a circular mailing direct to shareholders After that they will be no more dogs GLTA
Comment by mbrazzo on Jun 24, 2015 1:43pm
Capponi / Navarro rape attempt was stopped by all of us but now they will try to do it again just with more class, i.e. by diluting all of us. Lets file complaints ! mark
Comment by theopportunist on Jun 24, 2015 6:56pm
Hi royalton, is what you say just speculation or is it reliable?
Comment by SchiffKnowsBest on Jun 24, 2015 8:01pm
Management have a fiduciary duty to shareholders.  In my opinion that duty has been thrown out the window.  You can't pull out a PP to try and prevent a deal that you think your shareholders will accept.  That is what the BCSC should have a problem with.
Comment by royalton on Jun 24, 2015 8:33pm
I understood talking to Red Eagle that they intend to proceed with the offering..................surpised that we have not heard anything today...............Perhaps tomorrow or a change of heart??? I believe the 30% shareholder that objected to the CB deal is Ross Beaty- certainly the one person who can make the difference- IMHO