Red Eagle Mining Corporation (RDEMF)

[Kaseymoe]

If there were hints of this i missed them. The decline in share price after First Pour was one clue i supose. I don't think most shareholders had an inkling of a serious issue underground. Thirty-four percent drop in share price for the RDEMF symbol - in addition to the drip drip drip decline YTD.

Seems like management had the drill data and mine plan and this should have been a known issue from before the fist bore hole was drilled. Wonder how long they have recognized the issue of unstable working conditions in the mine?

Stay or Go? Thought there might be an afternoon rebound - none.
Pretty serious matter for a fledgling miner.

Very disappointed. My stake was not a large one but a decline of this magnitude hurts.

rjw/mkc