Post by
superfido10 on Oct 15, 2021 1:07pm
Timber..........
RIO Announced major production reductions on all their products. The news release was written very somber. I detected a great deal of frustration in the release. Not good for the SP in the foreseeable future. Very Ugly.
Comment by
KnaveofDiamonds on Oct 16, 2021 1:38pm
This company is very ugly. Love to see them failing! They have no regard for environment, historical human places in their mining districts or business ethics. A terrible den of wolves is Rio Tinto. New corporate direction needed quickly here if the company wants to stay a mining power.
Comment by
tarnoir on Nov 22, 2021 1:34pm
Almost a perfect finonacci retracement (correction). Looks to have found a bottom @ ~$60, and will likely march back to possibly new highs. Terrific entry point here IMO! One of the best leveraged Cu plays around.
Comment by
ailyn63 on Jan 20, 2022 4:35pm
they need to make more mine acquisitions. rio tinto up! i hope they diversify their portfolio some more, everything seems just so concentrated, don't know what to make of the direction they are goin. do you think there will be more news of acquisitions? i hear they are looking at a coper mine in mexico