Rio2 Ltd (RIO) - $1Bn Gold Disguised as a $100M Miner

Matthew Gordon,
Ptolemy Capital

36:26
2 Weeks ago

The PFS numbers for the flagship Fenix Gold Project in the Maricunga Mineral Belt Atacama Region, Copiapo Province, Chile, are strong. This is positioned as the largest heap leach gold oxide project in the Americas. Rio2's management team has a strong track record of delivering value to shareholders of gold companies, and more importantly have a track record of bring two other mones in to production. Blacks says his will be one of a handful of mines that will go into production in the next 2-years. Can they replicate their previous successes this time around? A short-term fix for the water issue appearing to be resolved, and an accelerated path to gold production being planned. Rio2 is a gold developer that you may want to keep an eye on.

#Rio2 Limited #Gold #TSXV #Alex Black

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23rd July 2020
21 minute read

Rio2 Ltd TSXV: RIO Shares Outstanding: 181M Share price C$0.53 (29.04.2020) Market Cap: C$98M Interview with Alex Black, President and CEO of Rio2 Ltd (TSX-V: RIO) FULL ARTICLE AVAILABLE TO READ HERE Rio2 is a Chilean gold developer that says its undervalued, but if the CEO is to be believed, this could be a $1Bn+ …

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