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Bullboard - Stock Discussion Forum Rio2 Ltd. V.RIO

Alternate Symbol(s):  RIOFF

Metals & Mining Gold
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... see more

TSXV:RIO - Post Discussion

Rio2 Ltd. > growing interest in juniors with sizable projects.
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Post by sdhaka on Apr 24, 2024 6:18pm

growing interest in juniors with sizable projects.

G Mining Ventures announces acquisition of Reunion Gold (TSXV: RGD) for $800M, a 29% premium over last closing MCAP. 
 
RGD holds a significant gold project in Guyana, boasting 5.9 Moz in resources.
 
Transaction values at $141/oz vs sector avg $48/oz, indicating a 194% premium. Reflects growing interest in juniors with sizable projects. 
 
Examples: Rio2 Limited (TSXV: RIO) and Southern Silver Exploration (TSXV: SSV).
 
Continue reading the full commentary on the resource sector this week: https://www.researchfrc.com/content/analyst-ideas/post/70/rate-cut-forecasts-ma-activity
 
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