RLC 0.00% 0.4¢ reedy lagoon corporation limited

Disappointing is right! Oh well. I'm optimistic but cautiously...

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    Disappointing is right! Oh well. I'm optimistic but cautiously optimistic - not that I intend to sell anything. The fact that management now has better data and can perhaps plan future drilling with more informed knowledge is what makes me optimistic. I'm pleased to see they didn't waste whatever limited funds are available on something they didn't see value in pursuing is comforting. But like everyone else, I'm certainly in the red... but I have been here before with RLC and after some months, I was very much in the green. Of course, things may not pan out but this has always been the risk. High risk but a chance that offers a high return if the stars align and it all works out. Drilling to date has been unfortunate. Fingers crossed for those who intend to stay long (and those who bought in today), our fortunes turn the tide in the months ahead. All the best and good luck, whichever way you go!
 
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