Definitely a stock that cant be taken seriously and they have...

Definitely a stock that cant be taken seriously and they have been leaky for some time.Remember that flimsy announcement on 11/10/10 when the company stated'RDR is also concerned that the confidentiality of this information,or aspects of it,may have been lost to the market,or a segment of it'Everything they state they will do is wound back or put on hold and the share price is reflecting the loss of confidence in the board and managements direction.Lets have a look at the Reeds Greatest Hits Collection.

Comet Vale-For Sale should be in the Quokka free section.

Barrambie-700m price tag to develop.Existing operation Windimurra is as shaky as the vanadium price.

Mt Marion-on hold how much to clean up the mess they made out their clearing and destroying vegetation.

Meeka-high cost low grade maybe 1200 an ounce to produce plus 300 an ounce for the Perth office expenses.Super pit and underground on hold as stated by the company.Production this year??????Need 30 million when most have simply had enough of 'the story'