Rio Novo Gold Inc. RIVVF

Highrider, all is good....

[thisldu3]

This is all good Highrider. New lows, weak level two bids and offers, something wrong corporately etc, means we are approaching a bottom for both RN and the junior market in general. The end of the month and second quarter has now come and gone. Many Funds have had to dump shares of all juniors to raise cash for redemption and try to make their investment page look somewhat better from all the stupid mistakes they have made over the past two years. Capitulation is good for shareholders in the end. It washes out all the players from the investors. Relax and sit back and enjoy the summer while you sort through the rubble and pick up shares of some very attractive prices. For me, buying at .25 is more attractive than paying $2.30 like all the institutions did not to long ago. If the shares go to 5 cents I can buy 5 times more.