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Gold/Mining/Energy : RIO Nevada Mines Corporation

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To: ORVADO who wrote (27)10/27/1997 1:24:00 AM
From: twocents  Read Replies (1) of 38
 
The stock price is at its highest in months. They still appear to lack a single focus. They have just worked a land deal to participate in the Alberta diamond play. Their volume is low - expect them to stay between 0.30 & 0.60 for the rest of the year unless Ashton come up with great results in November & the speculators start buying stock in every company with mineral rights in Alberta. Their oil plays at this time are not showing anything special.
GOOD LUCK - twocents
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