Red Eagle Mining Corp.

Red Eagle Mining is a well-financed gold exploration and development corporation with an experienced mine-development team. Management is focused on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia, a jurisdiction with prolific historic production but until recently limited modern exploration. Red Eagle Mining is developing the 100 square kilometre historic Santa Rosa Gold Project located in the Antioquia Batholith. Construction is underway at the fully permitted and fully financed San Ramon Gold Mine with production expected to commence during the second half of 2016.

Expert Comments:

"Red Eagle Mining Corp. got its San Ramon gold project permitted and the company has since broken ground on construction. . .Red Eagle should have its San Ramon mine in production within the next 12–18 months. That will be a key step to show that it is possible to explore, permit, develop and bring a gold mine into production in Colombia. . .for permitting, Red Eagle had the advantage that the regional environmental authority, Corantioquia, had an office in the town where its project is based. . .for Red Eagle, it meant that it could have a much closer working relationship with the environmental authority; it's much easier for officials to see things progress. . .Red Eagle has a good group of people locally and good management, which is essential. Management did a great job engaging with the community and the different stakeholders. It has gone out of its way to make stakeholders understand the implications of San Ramon and its essential benefits. At the end of the day, it should be a relatively low-impact underground mine. It's pretty much the first company to go through Colombia's permitting process in modern times. . .while there has been a lot of exploration activity in Colombia, not many projects have advanced to the resource definition stage. Red Eagle's San Ramon is one." read more >

"Red Eagle Mining Corp. owns the Santa Rosa deposit near Medellin; it is the first mine that's been permitted in Colombia in over 20 years, a significant announcement. The country is in construction of an extremely high-grade, underground and robust economic mine that is coming into production over the next 12–18 months. That is an exciting project that should be on the radar of investors. . .Red Eagle has outperformed the juniors. It's still holding up there near its 52-week highs, but it hasn't broken out. Nothing in the entire sector on the development side has been breaking out yet. But this is one to watch." read more >

Thibaut Lepouttre, Caesars Report (9/15/15)
"Red Eagle Mining Corp.'s final deadline for CB Gold shareholders to tender their shares to the Red Eagle offer has expired, and the company is taking up 76.8M shares. . .to be swapped for 12.44M new Red Eagle shares. . .the placement to Batero Gold remains standing, and it will be very interesting to see which side will win this battle, and neither of the potential acquirers may obtain a majority. . .CB Gold shareholders now have an additional 10-day period (expiring on Sept. 25) to tender more shares to Red Eagle, and we expect some more shares will come out of the woods."

Thibaut Lepouttre, Caesars Report (9/8/15)
"Red Eagle Mining Corp. has started the construction of the San Ramon mine, which should be up and running in H2/16. Instead of sitting on its hands, the company has gotten into a takeover battle with Batero Gold to gain control of CB Gold, which owns another underground gold project in Colombia. We expect Red Eagle to own in excess of half of CB Gold's outstanding shares by the end of this month, and we are already looking forward to seeing the company unveil its plans for the Vetas gold project."

Paul Harris, Colombia Gold Letter (8/30/15)
"Red Eagle Mining Corp. completed a private placement for gross proceeds of approximately CA$19.4M consisting of 71.7M shares at CA$0.27 per share. . .proceeds will be used for the construction of the San Ramon gold mine in Atnioquia. . .the company awarded Stracon the mine construction and operations contract."

Bob Moriarty, 321 Gold (8/21/15)
"The safest time to buy any mining stock is as it eases into production. Yesterday, Red Eagle Mining Corp. announced it has commenced construction. The company is fully permitted for production and fully financed. . .Red Eagle provides some nice numbers for investors. Its NI 43-101 filed in September of 2014 calls for a 32% after tax IRR at $1,100/oz gold, increasing to 52% at $1,300/oz gold and 74% at $1,500/oz gold."

More Expert Comments

Experts Following This Company

Ash Guglani, Analyst – Salman Partners
Jeb Handwerger, Author Gold Stock Trades
Paul Harris – Colombia Gold Letter, Trident Gold Corp
Tommy Humphreys, Author – CEO.CA
Louis James, Analyst – Casey Research
Thibaut Lepouttre, Editor Caesars Report
Bob Moriarty, Author 321 Energy , 321 Gold
Björn Paffrath, Director – Stabilitas-Fonds

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
Gold production in Colombia in 2016
Three years from discovery hole to Feasbility Study
53% IRR
catalyst Calendar
Construction to Commence
Production to Commence