Rio Alto Mining Limited RIOAF

RE: Other Junior Resource Plays

[raisethebarr]

Ovis,
I would have to agree with you on the Revett company, and I like silver!. They certainly have production and unfortunately I cannot see how RIO will meet their targets. They say first production Q4 2010. I say that the comment is actually misleading. RIO don't have the money raised to build the mine, they don't have a mining permit like Revett does. My personal opinion is that RIO are blowing smoke out their big A. I haven't seen any news out of RIO that would lead me to believe that they are going to produce in 12 months. At $1100 gold if this was the real deal then you would see the stock fly. No analyst coverage, therefore not too many believers.
Raise