new md., page-3

colincj is correct that the MD should provide some sort of update regarding the state of operations. In normal times, this wouldn't be called for. However, RED has had such volatile (and disgraceful) production development that a shareholder update on operations is warranted.

But an update can hold off until the end of February, so the MD has knowledge of the situation and a reasonable estimate of progress.

Also, while RED's share price is frustrating, this was a nasty day and gold stocks generally have been hammered over the past couple of weeks in spite of fairly stable gold prices and generally positive views of its 2013 trend. Never mind that RED and others will have increasing production. Mr Market seems to put all goldies in one basket.