GREY:RIOAF - Post by User
Comment by
raisethebarron Sep 22, 2010 8:59am
391 Views
Post# 17477765
RE: RE: RE: RE: Fair Market Valuation
RE: RE: RE: RE: Fair Market ValuationOvis,
How do you measure "doing well", if by stock price you may be correct. Thats not my point and I would be stupid and ignorant to admit to that. The company is in construction without a construction permit. Surely this would indicate that the company is taking some risk with the interpretation of local law amongst other things. Nobody in the investing world has seen the metallurgical results, unless you are privy to insider information. All we know is that because of a new price deck the coffee report will say that there is a bigger resource, I am sure the report will be absolutely full of cautionary language. Rio Alto has been a pump on nothing.
Raise