Red Lake Exploration, Inc. (RLKX.OB) – Modern Day Treasure Hunting!
The investing landscape has certainly changed over the last two years, and the news of the Bear Sterns Company being sold to JP Morgan for just 2 dollars a share certainly exemplifies how dramatic the changes can be. For years, investors gorged themselves on financial assets and esoteric derivatives, but this run has come to an end with the implosion of the subprime mortgage market. Once it was shown that a lot of companies were holding paper assets with no true way to value them, the credit markets seized up, leading to a mass exodus out of all those mark…