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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (13694)6/17/2006 9:01:14 AM
From: loantech  Respond to of 78419
 
Hello Tyke. Happy Saturday.



To: tyc:> who wrote (13694)6/18/2006 1:48:34 PM
From: koan  Read Replies (1) | Respond to of 78419
 
Hi tyke, thanks for the idea on Rio Narcea wts,

I owned Rio Narcea wts until very recently and have looked at the company. It is also on my watch list. Two things about those wts:

1) they are still too far out of the money

2) The banks forced Rio Narcea to sell a lot of their production forward at pretty low prices relative to today. But that is for their nickel and copper as I remember.

I think their gold is clear?? But Rio Narcea just never seemed to move.

So what I am looking for now is evidence it will start moving up. A breakout of sorts. It has to more than double in order to reach strike as I remember.

Cheers,

Chuck