RIO Amarillo Mining - Ready to go ? Message Board

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Gold/Mining/Energy : RIO Amarillo Mining - Ready to go ?

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To: Steve Dimond who wrote ()	5/13/1997 10:37:00 PM
From: humanitar	of 90

You're right to an extent A., excepting my understanding is that Amarillo purposely stays away from heavy promotion in much the same way as Antares and Minorca do. This usually lends more credibility to a firm and when they eventually do hit something worthwhile in the ground, the price rises as a true reflection of value instead of some hype-based contrivance. I understand the impatience and frustration this stock has nurtured over the last year for investors, yet I sincerely feel it will rebound on its own merits in the near future. If not, I'll put my vote in for heavy MM endorsement to save my position. By the way, I've noticed the Buy / Sell ratio is averaging 2.5 to 1. This is another excellent sign that speculators are beginning to eye this co. They've been reluctant to commit at levels over the recent warrant issue though, and this seems to be causing a trading drought. I wish Bob would bang off a Status report on all current projects and announce a firm release date for the next assays. They could probably do 20 points on a release like that alone and another 10 if they dropped Bondar Cleg's name in to reaffirm their legitimacy. Cheers...............

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