Rio Alto Mining Limited RIOAF

RE: RE: RE: Fun ride.

[fleeinggrandich]

Well.... RIO isn't like betting on the craps table. They DO have gold, and they ARE going to pour it... eventually. The question is, I'd think, do you have the pain tolerance to hold it til the payoff?

I like to think my fat load of shares at sub-$1.90 ACB will be easy to hold. But it's possible the short attack is here because someone thinks Rio won't get their permits in time (or has paid someone to ensure they won't). Plus there still is the panic on the Peru exchange, which'll stay there til Keiko bothers to start campaigning.

So how low can RIO go? At $1.50 I'll phone the bank and ask them to switch me over to a margin account.