GREY:RIOAF - Post by User
Comment by
rofion Aug 12, 2011 9:32pm
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Post# 18938172
RE: RE: RIO added to S&P TSXV/30 index!
RE: RE: RIO added to S&P TSXV/30 index!One of the stocks that was dropped from the index was Kaminak, a company on a roll and a consensus top pick among explorers. I'm long both, and since I can't see how this event could impact Kaminak very much, if at all, on the downside, similarly I wouldn't expect it to affect RIO's upside very much either.
Basically I think both companies are too far ahead of the game for something like this to matter.