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Rio Alto Mining Limited RIOAF



GREY:RIOAF - Post by User

Comment by SeanSeanon Nov 13, 2013 12:41pm
186 Views
Post# 21902044

RE:Comparing Q3 to Q1 - Reducing costs has paid off!

RE:Comparing Q3 to Q1 - Reducing costs has paid off!
I am also surprised by the production cost that went way down. But I am equally surprised why the CEO did not offer any explanation -- is it one-off anomaly or permanent reduction, and how was it achieved.

But I am equally surprised by the reaction of the stock price!! It should be at minimum $2 but now traded almost at same price as yesterday. What the fxck are the sellers thinking? Why are they taking this opportunity to sell as historic low price?
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