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RIO2 LIMITEDRIO2 LIMITEDRIO2 LIMITED

RIO2 LIMITED

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RIO trade ideas

RIO2 - The definition of Cheap & Low RiskInsider-Buying is ramping up: 01 Oct 21 Buy CA$2,750 Andrew Cox Individual 5,000 CA$0.55 10 Aug 21 Buy CA$201,500 Albrecht Schneider Individual 310,000 CA$0.65 10 Aug 21 Buy CA$341,250 Alexander Black Individual 525,000 CA$0.65 10 Aug 21 Buy CA$25,025 Kathryn Johnson Individual 38,500 CA$0.65 --- Stock in the growth Strong insider-Holding : ✓ - 23% (10.2% Eric Sprott) Strong Management : ✓ RIO2 : President CEO, Founder Alex Black previously president ,CEO & Founder of RIO ALTO Mining Ltd previously president ,CEO & Founder of Chariot Resources Limited Huge success in developing and taking into production previous Mining companies. Strong Reserves : ✓ Undervalued : ✓ --- Based on our analysis this stock should be sitting at a conservative value of $2. 40 @ $35 silver price
TSXV:RIOLong
by meeblemalta
RIO2 LIMITED - TSXV: $RIO OTC: $RIOFF - Rounding BottomHaving recently announced and upsized bought deal private placement of C$22.00M, the shares of RIO2 LIMITED - TSXV:RIO OTC:RIOFF continue to act well and appear to be carving-out a potential rounding bottom as we can observe from the Daily chart above. While RIO trades comfortably above both its 20 and 50 DMA's, it presently finds itself in battle at its 200 DMA, which we suspect, very well may be cleared in the days/weeks ahead. Thus, while further work is required from a technical standpoint, both investors/traders may want to continue to monitor the action closely moving forward for if RIO can go topside of the $0.49 level at any point in the days ahead, we may just witness a rapid advance into the $0.55 - $0.60 zone, for starters. Nonetheless, the action in RIO has our eyes and attention and should the above scenario play-out, we believe that once the $0.55 - $0.60 zone is cleared, a secondary objective could potentially put the shares in position for a run at the $0.70 - $0.80 zone.
TSXV:RIO
by OptionsGains