RLC 0.00% 0.2¢ reedy lagoon corporation limited

RLC - 2018, page-14

  1. 686 Posts.
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    It might be worth being a little careful with direct comparisons in MC to those other companies at this stage. Yes, RLC has potential to match them in another couple of months, but all of those have already started drilling, some have finished and expect positive results in the next week. All of them increased on announcement of drilling commencing, and retraced 30-40% after as the pumpers moved their money elsewhere while drilling and sample testing transpired. Some of them also have larger land holdings or more sites, but this has already been mentioned and is probably countered by the high purity brines in Nevada. I do love the detailed posts here regarding RLCs wares, but there is a chance anticipation will only hold the SP so high until the time is right. This one might be different though...who knows!
 
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