 |
 | |
 |  |
| We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
Rio Amarillo Mining Ltd. (see the price chart 204.191.227.10 on the VSE has been seen by a well respected mining analyst as being undervalued. In fact, the analyst suggests a price of $6.00 Cdn is more inline with what the price should be. The rationale for the outlook is in comparison with Arequipa Resources prior to the Pierina find. Arequipa was $2.00 prior which, when multiplied by the 36,000,000 shares, yields a $72,000,000 value. RIO AMARILLO with equivalent value would yield a price of $6.00 ! RIO has been trading in the $0.80 to $1.80 range in the last 6 months, recently at $1.02. Anticipate a news release soon on the latest drilling results -- look for far more positive results and a move up. Rumour has it that RIO is also on the acquisition trail. This stock was picked by the Kaiser Bottom Fishing report as a buy earlier in the year. RIO received negative results several years ago after promising early showings on their Candelaria project. The stock, then at $3.00 range fell to a low of about $0.35 in middle to late 1995. See their web site at www.rio-amarillo.com Looks like a good time to buy? Cheers. | ||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2026 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |