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Rio2 Ltd. V.RIO

Alternate Symbol(s):  RIOFF

Rio2 Limited is a Canada-based mining company with a focus on development and mining operations. The Company is focused on its Fenix Gold Project in Chile. The Fenix Gold Project, 16,050 hectares, is located in Atacama Region, in the Copiapo Province, Chile, specifically in the Maricunga Mineral Belt, approximately 160 kilometers northeast of Copiapo by International Road CH-31. It is an undeveloped gold heap leach project in the Americas. The Fenix Gold is a mining district that contains over 70 million ounces of gold and hosts the La Coipa and Refugio mines, as well as the Volcan, Caspiche, Lobo Marte and Cerro Casale deposits. The Company’s subsidiary is Fenix Gold Limitada.


TSXV:RIO - Post by User

Bullboard Posts
Comment by wjon Jul 28, 2007 1:09pm
140 Views
Post# 13164670

RE: website down

RE: website downgood to see a little action here.I will say this patienceis a virtue. I am not condoning how long it is taking for this company to put a project in PRR. But I will say this I have spoken and met a few of the people with PRR and they are top notch. I think with the metals going crazy people are paying too much for projects , issuing shares like it was water. Here you have a company with a low share structure ,qualified management and looking for a non grass roots project and all for about .14 cents. I have been slowly accumulating ...do you think the big boys in the office are going to be happy with this sitting around .15 cents..I think not. Their options are priced at.15. The return on your money just when they announce in which direction the company is going to go should be an easy 2 to 3 bagger.Who is going to give you that kind of return on your money.Remember low float and the stock is fairly tightly held!!! As has been pointed out before we arein the home stretch.
Bullboard Posts