in the best case scenario, it's 5.00 penny poop masquerading as a 39 buck stock and it needs to write down its gold/silver "assets" to ZERO, in order to better reflect its real much LOWER value.
equine_genius.... You are clearly not a fan of gold/silver at this time and you have made that point abundantly clear. Just out of curiosity, if you are putting money into the market, what would recommend?
Since when did any significant portion of RIO's business come from the gold/silver market???? Gold could go to 0 and it wouldn't affect RIO's value very much.