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Category: Junior: Emerging Mid-tier Producer
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Red Eagle Mining Corp
www: www.redeaglemining.com     email: info@redeaglemining.com

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Notes
Forum
Your Data

Symbol Data

Symbol Currency
OTCMKTS:RDEMF USD
TSE:R CAD

Description

Red Eagle Mining Corp are a gold focused junior, emerging mid-tier producer with one mine in development in Colombia and four exploration properties. They have approximately 1.5Moz. of gold in the reserves and resources category of which 0.5Moz. are in the measured and indicated category. They have a market capitalisation of ~$90.97M which is a fall of roughly 17% over the last nine months. As of 09/30/2017 they have ~$67M debt and ~$3.62M cash. They have 392M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

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General Details

Financial 09/04/2017
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $109.33M $90.97M 04/24/2018 $-18.36M
Total Assets: $140.10M $153.55M 09/30/2017 $13.45M
Total Liabilities: $93.89M $85.94M 09/30/2017 $-7.95M
Current Assets: $20.00M $11.30M 09/30/2017 $-8.70M
Current Liabilities: $90.72M $24.66M 09/30/2017 $-66.06M
Total Debt: $68.17M $67.28M 09/30/2017 $-0.89M
Cash: $17.00M $3.62M 09/30/2017 $-13.38M
Enterprise Value: $160.50M $154.63M 11/25/1974 $-5.87M
Cash Flow: $0.00M $3.14M never $3.14M
Cash Flow Multiple: 0.00 29.01 never 29.01
Net Debt to
Cash Flow Ratio:
n/a 20.30 never 20.30
Finance within 1 year: Yes Yes 09/04/2017 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 09/04/2017 0.00%
Misc 09/04/2017
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 350,000,000 392,000,000 04/24/2018 42,000,000
Shares (FD): 460,000,000 543,000,000 04/24/2018 83,000,000
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2018 09/04/2017 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
50,000
02/08/2018 50,000
Production (Silver Eq Oz.): (guess) 
0
(guess) 
3,912,621
02/08/2018 3,912,621
Initial CapEx (Outstanding): $74.00M
67.69% of Mkt.Cap
$74.00M
81.35% of Mkt.Cap
09/04/2017 $0.00M
Funding Option: n/a n/a 09/04/2017 n/a
Documentation: none PRODUCER 04/24/2018 n/a
Value Adjustment: 15% 15% never 0%

Resource Data

GOLD 09/04/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 0.40M 0.40M 09/04/2017 0.00M
Measured & Indicated: 0.50M 0.50M 09/04/2017 0.00M
Inferred: 1.00M 1.00M 09/04/2017 0.00M
Reserves & Resources: 1.50M 1.50M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 0.36M 0.36M 09/04/2017 0.00M
Measured & Indicated: 0.43M 0.43M 09/04/2017 0.00M
Inferred: 0.45M 0.45M 09/04/2017 0.00M
Reserves & Resources: 0.88M 0.88M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a (guess) 
50,000oz.
02/08/2018 50,000oz.
Cash Cost: n/a $800 02/08/2018 $100.00
Extra Operating Cost: n/a $400 02/08/2018 $50.00
Average Grade: 3.30 g/t 3.30 g/t 09/04/2017 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 04/24/2018 0.00%
F
U
T
U
R
E
Proven & Probable: 1.00M 1.00M 09/04/2017 0.00M
Annual Production: 70,000oz. 70,000oz. 09/04/2017 0oz.
Cash Cost: $700 $700 09/04/2017 $0
Extra Operating Cost: $350 $350 09/04/2017 $0
SILVER 09/04/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 09/04/2017 0.00M
Measured & Indicated: n/a n/a 09/04/2017 0.00M
Inferred: n/a n/a 09/04/2017 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 09/04/2017 0.00M
Measured & Indicated: n/a n/a 09/04/2017 0.00M
Inferred: n/a n/a 09/04/2017 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 09/04/2017 $0.00
Extra Operating Cost: n/a n/a 09/04/2017 $0.00
Average Grade: n/a n/a 09/04/2017 n/a
Recovery Rate: n/a n/a 09/04/2017 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 09/04/2017 0.00M
Annual Production: n/a n/a 09/04/2017 n/a
Cash Cost: n/a n/a 09/04/2017 n/a
Extra Operating Cost: n/a n/a 09/04/2017 n/a

Property

Last Analysis Data  (09/04/2017)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Colombia, Colombia Santa Rosa 100% (guess) 35,000 Both show
PEA in 2013 for 50,000 oz per year at 4 gpt underground. Production scheduled for 2016.

Construction funded.
Exploration Colombia, Colombia Paso Real 70% (guess) n/a n/a n/a
Total Land Package Size (ha): 35,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Colombia, Colombia Santa Rosa 100% (guess) 35,000 Both show
PEA in 2013 for 50,000 oz per year at 4 gpt underground. Production scheduled for 2016.

Construction funded.
Exploration Santander, Colombia California 100% (guess) 250 n/a show
Early exploration.
Exploration Colombia, Colombia Paso Real 70% (guess) n/a n/a n/a
Exploration Colombia, Colombia Santa Ana 100% (guess) 669 Both show
Early exploration.
Exploration Santander, Colombia Vetas 100% 332 Both show
Make progress towards production.

First 43-101 resource estimate due in Q4 2013.

Many targets.

Narrow veins at surface. Low cost to mine. Low capex.
Total Land Package Size (ha): 36,251  

Profitability (by resource)

Proven &
Probable
09/04/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.40M 0.40M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 1.40M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.36M 0.36M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 1.26M
Maximum Profit (Gold): $82.22M $25.97M n/a $-56.25M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $82.22M $25.97M n/a $-56.25M
Max Profit / Current MCap: 0.752 0.285 n/a -0.467
Max Profit Per Share (Gold): $0.18 $0.05 n/a $-0.13
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.18 $0.05 n/a $-0.13
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $303.69 $252.68 n/a $-51.01
FD Mkt. Cap / Silver Eq.: $4.06 $3.23 n/a $-0.83
FD Mkt. Cap / Per Metal
as % Spot Price:
22.77% 19.59% n/a -3.18%
Measured &
Indicated
09/04/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.50M 0.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 1.75M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.43M 0.43M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 1.51M
Maximum Profit (Gold): $98.66M $31.16M n/a $-67.50M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $98.66M $31.16M n/a $-67.50M
Max Profit / Current MCap: 0.902 0.343 n/a -0.560
Max Profit Per Share (Gold): $0.21 $0.06 n/a $-0.16
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.21 $0.06 n/a $-0.16
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $253.08 $210.57 n/a $-42.51
FD Mkt. Cap / Silver Eq.: $3.39 $2.69 n/a $-0.69
FD Mkt. Cap / Per Metal
as % Spot Price:
18.98% 16.33% n/a -2.65%

Reserves &
Resources
09/04/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.50M 1.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 5.24M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.88M 0.88M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 3.08M
Maximum Profit (Gold): $201.43M $63.62M n/a $-137.81M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $201.43M $63.62M n/a $-137.81M
Max Profit / Current MCap: 1.842 0.699 n/a -1.143
Max Profit Per Share (Gold): $0.44 $0.12 n/a $-0.32
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.44 $0.12 n/a $-0.32
Total Free Profit Per Share: $0.14 $0.00 n/a $-0.14
FD Mkt. Cap / Gold Eq.: $123.96 $103.14 n/a $-20.82
FD Mkt. Cap / Silver Eq.: $1.66 $1.32 n/a $-0.34
FD Mkt. Cap / Per Metal
as % Spot Price:
9.29% 8.00% n/a -1.30%

Future Valuation (Cash Flow & Totals)

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