Red Lake Exploration, Inc. (RLKX.OB) – Due Diligence That Pays off
In the investing world, a phrase we often hear is "due diligence", and rightfully so. If one doesn't do their "DD", there's a good chance that the investment might go sour. So, just what is Due Diligence? A glance at the dictionary shows us this: "the care that a prudent person might be expected to exercise in the examination and evaluation of risks affecting a business transaction". Okay, that's a good baseline. We can further expand our definition based on a Wikipedia entry: "A common example of due diligence in various industries is, the process through which a potential acquirer…
