RIO.TO is on the verge of breaking out after once again exceeding guidance. To me the company has the best management in the junior mining space, and I expect them to come through on beginning production at Shahuindo next January after rescuing it from the clutches of Bharti and his gang of crooks.
I was also glad to see another exceedingly well run junior, TRY.TO, get their final permits to start gold production in Guyana Q2. I expect this one to do well going forward.
It was also great to see first resource estimate for FCU.TO Triple R uranium deposit come in much larger than expected. Even given the continuing weakness in U prices, I expect this one to be taken out at $2.50 or more before too long, as the uranium can be mined from surface using an open pit.. Their rock is worth more than $1000/ton!
It's nice to get some good news on the mining side to offset the carnage in my energy holdings.
LC
