re: market wake up - the truth

Dear Fellow RRE Holders

It seems the Market has missed this bit of research !

Reed Resources Ltd (ASX: RDR) who will be going into production at the end of 2012 with these results @ Meekatharra:

3m @ 2.15g/t Au, 5.0 g/t Ag and 1.1%
3m @ 5.84 g/t Au and 2m @ 4.4 g/t Au
10m @ 2.45 g/t Au
1m @ 142 g/t Au

"It is anticipated that ore will be sourced from both open pit and underground mining and that the operation will initially treat in excess of 1.5 million tonnes per annum for an annualised production target exceeding 120,000oz of gold" - RDR !

but RRE have these results:

1m @ 146.39 g/t Au from 29m (RWAC025)
1m @ 47.70 g/t Au from 30m (RWAC025)
1m@ 23.96 g/t Au from 36m (RWAC025) and;
1m @23.61 g/t Au from 3m (RWAC090)

4m @ 63.85g/t from 28m and 4m @ 34.39g/t from 36m

If RRE play the cards right, RRE could also be ready for Q4 2012 or Q1 2013 production drilling !!! - At the moment I would presume that a Feasability study would take around 6 months, so these are exciting time for the next 18 months !!!

V