Reedy Lagoon Corporation Ltd T.RLC

Primary Symbol: RDLGF

Metals & Mining Gold

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.

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Reedy Lagoon Corporation Ltd

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Comment by carlxon Apr 19, 2010 7:26pm

262 Views

Post# 17008763

RE: RE: How can one be sure ???

Thanks for the advice.

However, I have no doubt that RLC will be bought out, but, not sure if it will be at this price. I feel there may be a surprise to the upside. The news release said that the deal was subject to a signed agreement by Apr 16. Since we have not yet received any confirmation, how then, can one be certain that this particular deal is 100% ?

For Jaguar to agree on
.47 per share, when they have been buying at prices higher than
.70 seems very strange???

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