A report on Red Eagle

Red Eagle Mining is developing the 100 km² 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 to commence during 2016.

http://redeaglemining.com/

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11/17/2014
The company has made amazing progress. From the 1st drill hole in a project that had never been drilled to the feasibility study took about three years. Red Eagle spent over $55 million in 45,000 meters of drilling. They applied for their mining permit and received it in August of 2014. They expect their final environmental license in Q1 2015 and production in Q1 of 2016.

http://www.321gold.com/editorials/moriarty/moriarty111714.html

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8/21/2015

Red Eagle Moves to Production

The safest time to buy any mining stock is as they ease into production. Yesterday Red Eagle announced they have commenced construction. The company is fully permitted for production and fully financed. Production is expected to begin in the 2nd half of 2016.

Typically the share price increases as the start of production gets closer. Red Eagle provides some nice numbers for investors. Their 43-101 filed in September of 2014 calls for a 32% after tax IRR at $1100 gold increasing to 52% at $1300 gold and 74% at $1500 gold.

http://www.321gold.com/editorials/moriarty/moriarty082115.html