Rio2 Ltd (TSX-V: RIO) - I overlooked your heart of gold

Matthew Gordon,
Ptolemy Capital

12 Months ago

Interview with Alex Black, President and CEO of Rio2 Ltd (TSX-V:RIO) Alex Black is back to talk about Rio2, a Chilean gold explorer and developer, and one of our favourite gold stories in quite a while. The market hasn't been kind to Black. He inherited a large feasibility study plan, which he halved in size. We appreciate the pragmatism of this move but it was always going to be unpopular with some investors. The water permit situation compounded these issues and caused investors to have concerns. While investors who crinkle their noses at anything less than a 20-bagger might want to check-out now, those who want sensible, de-risked returns should pay close attention to what Black has to say.

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