Rio Alto Mining Limited RIOAF

RE: is INKA still holding?

[fleeinggrandich]

Peruvian funds can now accumulate, now that RIO's moved to the big board.

IKN still holds. I think there was a vague suggestion that someone's seriously interested in buying out RIO. Someone was looking at their operation in detail and impressed with the cash flow.

RIO could certainly hit $3 again. If the entire gold sector pukes into oblivion, that is. Otherwise I doubt it's going to go much below $4.