Stop picking on our website as soon as we see some red guys. I'm sure the website will get a facelift sooner or later but the key point that is being overlooked is that all the relevant information about Reedy Lagoon as a company is there. Anyone with substantial investment power will be more interested in whats being explained by the website and not merely how it looks. Does any other company display MT surveys on their website like RLC? I don't think so. Geof has never been one to suck up to retail holders like many other microcaps are. He is concerned about one thing. Lithium brine & progress.
As for the share price, a retrace here is healthy as we need some time for old money to leave and new money to enter.
We also need the bid and ask depth (assuming its all organic) to balance a bit more before we can move up. Unfortunately, that means the share price needs to retrace a bit. But all good. It will set us up for the long run. I won't be selling for a long time regardless of volatility.
Drill, assay and the big money will come. I believe that it'll pay well to hold till then.
As for shareholder communication. I'm afraid that's not how things get done around here. Only material information is announced, which, for a humble microcap company like RLC, there is not much of. The next milestone we have is the commencement of drilling. Expect an Ann then. Might get a notice when site prep is done but don't hold your breath. Not much to announce before then.
So, relax guys. We have drilling in 2-3 weeks max. You'd wait longer on an eBay purchase from hong kong than that. I'm sure we can hold off on the venting till then. Until then, I hope we can see the market balance buyers and sellers regardless of what price that takes us to.
If you believe in RLC like I do, think of this retrace as an opportunity to increase your holdings. It should be an easy bag from here on even just average brine assays.
Until then, give Geof a ring if you can't sleep or are having nightmares about RLC but don't get cold feet.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.858M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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10 | 6997500 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 7026429 | 8 |
View Market Depth
No. | Vol. | Price($) |
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10 | 4350000 | 0.004 |
5 | 4911703 | 0.003 |
1 | 1000000 | 0.002 |
2 | 8000000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 280597 | 4 |
0.006 | 562627 | 3 |
0.007 | 93225 | 1 |
0.008 | 1535240 | 3 |
0.009 | 938575 | 2 |
Last trade - 16.12pm 02/12/2024 (20 minute delay) ? |
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