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Bullboard - Stock Discussion Forum Rio Alto Mining Limited RIOAF

GREY:RIOAF - Post Discussion

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Post by swpb on Mar 02, 2012 1:49pm

target sp

anyone seen target prices for rio? is it time to take profits?
Comment by ges on Mar 02, 2012 2:08pm
https://stocktargetprice.com/index.php?s=stock&c=Rio+Alto+Mining https://www.4-traders.com/RIO-ALTO-MINING-LIMITED-6908469/consensus/
Comment by eebler on Mar 02, 2012 2:59pm
Recent price targets for end of Jan and early Feb were $5.80 by Stonecap and CIBC.  Scotia's for early Jan was $5.25.  In terms of catalysts, RIO should be coming out with a revised mine plan soon.  They will also be reporting the first quarterlies that will have revenues reported, since prior quarterlies they were not yet in commercial production so did not report revs ...more  
Comment by karanmayur on Mar 09, 2012 4:45pm
I think time to take some off the table
Comment by dmuy on Mar 14, 2012 1:36am
Insiders don't think so: Toronto Stock Exchange Company Name : Rio Alto Mining Limited Last Updated: March 13, 2012 Date Symbol Insider Buys Volume Insider Sells  ...more  
Comment by swpb on Mar 14, 2012 8:40pm
someone lately made a good observation. It was time to take something off the table, perhaps all.
Comment by karanmayur on Mar 15, 2012 7:34pm
it is a ten bagger for me so just 25% off the table would not hurt. I would not recommend to off load all as the recent drop is driven by the drop in gold price....absolutely nothing wrong with the company....projections are on the dot and above all analysts are still recommending...hang on tight with atleast 50%
Comment by nash1210 on Mar 18, 2012 4:02am
Take note:  IMO this is, long tem, a copper story. The gold helps pay for costs to date and the copper mining to come. Original mining decisions made beore gold this high, and copper is mainly an industrial metal.. So this story just gets better and better. Patience !
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