Gold: Rio2 - Take Me To The River, Dip Me In The Water

Matthew Gordon,
Ptolemy Capital

39:11

Interview with Alex Black, President and CEO of Gold Developer, Rio2 Ltd (TSXV: RIO) We like Black's honesty. The managements track record is good. They have made investors money. They have a problem with water but has a work around. They had a large Feasibility Study plan, which has halved in size. Investors are concerned. We ask him why investors should trust him. Rio2 is a Gold mine development company, focussed on taking its Fenix Gold Project in Chile to production, and its exploration platform in Peru. Rio2 used to be the talk of the town, but things have changed in the last couple of years. Since hitting reaching CAD$2.85 at the end of March 2017, the share price has fallen to CAD$0.43 today. The market cap stands at c. CAD$78M. This decline will be more concerning given 2019's strong gold performance.

#Rio2 Limited #Gold #TSXV #Alex Black

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