Rio Alto Mining Limited RIOAF

RE: RE: OT: Out for a while

[dmuy]

Even though some of the resource increase was probably already priced in, a 41% increase in the M&I oxide gold resource is nothing to sneeze at. Note that the average grade is higher too which is pretty unusual. These guys are already on an expansion before they've even declared production. I'm thinking that 2012 guidance should give the share price a further boost.