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

Bullboard Posts

Comment by NYI25on Aug 22, 2008 12:34pm

297 Views

Post# 15404081

RE: NR Buyback at 0.80

The fact that the stock is trading at 71 cents with an offer for 80 cents means that the market doesn't believe its going to happen.

Agreed with a previous comment that shareholder's will realize gains with continued improved operating results. The Board will decline and sell shareholders on the long-term vision and potential of the company which I continue to believe in.

I wouldn't sell for anything less than $1.50 right now, because I think the shares will approach that range over the next year anyway.

Bullboard Posts

Visionstate set to leverage success in the U.S. market