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Rio Alto Mining Limited RIOAF



GREY:RIOAF - Post by User

Bullboard Posts
Comment by raisethebarron Mar 31, 2010 10:35am
413 Views
Post# 16943795

RE: Whats really going on here

RE: Whats really going on hereJake,
It is really simple, this management team are way behind schedule, they are deperately in need of cash to get things going but they also cannot afford too much dilution. This is the balance between how much people are prepared to pay for the stock versus whats being offered. At the same time the pump machine needs to give the impression that there is a frenzy of buying. This is common in junior stocks but the strength of the pump here implies a concerted desperation from all concerned. Of the trades yesterday I suggest that a lot of recycling went on which could be revealed in a forensic analysis if required.
Raise
Bullboard Posts