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Rio Alto Mining Limited RIOAF



GREY:RIOAF - Post by User

Comment by tarnoiron Jun 04, 2013 11:00am
103 Views
Post# 21481260

RE: scary chart

RE: scary chart

When you consider the perfect storm of Au prices dropping ~$20/oz and halted operations, RIO has held up remarkably well (so far anyways). The MACD shows neutral buy/sell - not much selling at all (i.e. volume v. muted). So, considering all of this, perhaps much of this was already "baked into the SP". Still, quite concerning. These S. American countries are wrought with political risk.

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