Reedy Lagoon Corporation Ord Shs T.RLC

Primary Symbol: RDLGF

Metals & Mining Industrial Metals & Minerals

Reedy Lagoon Corporation Limited is an Australia-based mineral exploration company. The Company’s projects include the Nevada Lithium Projects, the Burracoppin Gold Project, and Burracoppin Iron Project. Its Nevada Lithium Projects include Alkali Lake North (ALN), and Clayton Valley (CV), which are located in two large and separate groundwater catchment areas in Nevada, United States of America. ALN comprises 334 placer claims and 157 lode claims, covering 3,908 hectares (9,657 acres). The Burracoppin Gold project is located in the central Wheatbelt of Western Australia roughly midway between Perth and Kalgoorlie on the Great Eastern Highway, Route 94. The Burracoppin Gold project comprises the Lady Janet, Windmills, Shear Luck and Zebra prospects. The Burracoppin magnetite deposit is located half-way between Perth and Kalgoorlie near the town of Burracoppin on the Great Eastern Highway, east of Merredin.

OTCPK:RDLGF - Post by User

Reedy Lagoon Corporation Ord Shs

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Post by NYI25on Feb 13, 2007 9:49pm

240 Views

Post# 12229910

accumulation mode

This stock is in accumulation mode. Lots of problems in the manufacturing sector in Ontario in particular anything related to the auto parts market. 2007 will likely see consolidation and bankruptcies, with a ramp up in activity beginning early 08. I think it'll take 2 years, but this company has acquired significant and diverse businesses, has grown capacity significantly and is in great shape when the sector picks up. My forecast is that it will kick around $1 for 07, but has the potential for a 4 banger by 08. Thoughts?

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