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RC1 — Redcastle Resources News Story

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Basic MaterialsHighly SpeculativeMicro CapSucker Stock

Australia's Redcastle Resources slumps as adverse weather impacts drilling

** Shares of Redcastle Resources  RC1.AX  fall as much as
34.6% to A$0.017, their biggest intraday decline since April 1,
2008
    ** Gold explorer says 4 days of productivity has been lost
to adverse weather and drilling conditions at its Queen
Alexandra Redcastle Project in Western Australia
    ** About 4.1 mln shares change hands, compared with the
30-day average volume of around 932,000
    ** Stock trims YTD gains to 38.5%, including session's moves



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))

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