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RIO TINTO - 2006 (RIO)     

dai oldenrich - 20 Apr 2006 09:18

Rio Tinto is a world leader in finding, mining and processing the earths mineral resources. The Groups worldwide operations supply essential minerals and metals that help to meet global needs and contribute to improvements in living standards. Rio Tinto encourages strong local identities and has a devolved management philosophy, entrusting responsibility with accountability to the workplace. Major products include aluminium, copper, diamonds, energy products (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc and zircon), and iron ore. The Groups activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa. Rio Tinto comprises wholly owned subsidiaries (such as Borax, Comalco, Hamersley, Rio Tinto Coal Australia, Kennecott and Rio Tinto Iron & Titanium), partly owned subsidiaries (Coal & Allied and Palabora) and non-managed, (Escondida) and joint ventures (Grasberg) in which public shareholders, other companies or governments are partners.

Chart.aspx?Provider=EODIntra&Code=rio&Si
            Red = 25 day moving average.           Green = 200 day moving average.




SALES PER ACTIVITY (Data as of 31/12/2005)

Iron:        29%
Coal:       19%
Copper     18%
Aluminum: 14.5%
Minerals:  12.5%
:              6%
Misc:        1%



HARRYCAT - 04 Aug 2009 10:27 - 134 of 325

Am thinking of going to the F1 G Prix at Sakhir next year, Cynic. Any tips on where to stay?

cynic - 04 Aug 2009 10:31 - 135 of 325

i'm staying with a friend of mine in Bahrain, but your best bet is to go via the internet ..... tripadvisor isn't a bad site to start with, but it's nearly all american input ..... having done that, check the specific hotel site ...... be prepared to have your wallet emptied, for that part of the world is horrendously expensive in the tourist areas, dubai being the classic

ptholden - 04 Aug 2009 10:35 - 136 of 325

Harry
I spent about 1 year working in Bahrain, most of the hotels are very similar in quality and amenities. If you want to push the boat out, stay at the Ritz Carlton :)

cynic - 04 Aug 2009 10:38 - 137 of 325

surely you cheated and had us poor taxpayers footing your bill - lol!

more seriously, other than the fact that prices will assuredly be inflated for the event, are there also reasonably and good places to stay and eat in bahrain?

ptholden - 04 Aug 2009 10:47 - 138 of 325

The better quality hotels all offer much the same thing, Gulf hotel, The Diplomat etc. Best restaurant area is close to the Gulf Hotel, probably a choice of ten or so in close proximity. Can't remember all the names but Bamboo, Mezzeluna to name two. Food is actually reasonably priced, it's the alcohol that doubles the bill! Most of the hotels have restaurants, think the Gulf has five, of which the Thai is recommended and the Lebanese with belly dancer a good night out!

Balerboy - 04 Aug 2009 11:08 - 139 of 325

Harry put your tongue back in.....lol

cynic - 04 Aug 2009 11:18 - 140 of 325

it'll get badly sunburnt in bahrain at the moment, that's for sure!
must confess that i fail to see what is so exciting about F1 for there is so little over-taking.
on the other hand, motor cycle racing is really exciting to watch, at least on the box ..... is suspect it's equally dull trackside as you only see a fleeting few seconds of action

HARRYCAT - 04 Aug 2009 12:09 - 141 of 325

I used to work for Team Lotus (JPS) many years ago, so F1 is a bit of a hobby for me. I enjoy the travel & the circuit atmosphere & try & go to one meeting each year.
Unless I strike it particularly rich over the next few months, The Ritz is probably out of my budget, but I am more than happy to rough it with one of the local girls if necessary!

Balerboy - 04 Aug 2009 12:16 - 142 of 325

Nod nod wink wink ;)))))

cynic - 04 Aug 2009 12:20 - 143 of 325

local girls don't fuck, and stay well clear of the asian semi-pros who may will give you a leaving present!

Balerboy - 04 Aug 2009 12:26 - 144 of 325

Thats from a man who knows.......;))

cynic - 04 Aug 2009 12:44 - 145 of 325

fortunately not from experience - lol!

ptholden - 04 Aug 2009 13:34 - 146 of 325

Well, that turned out to be a good trading tip, RIO down 80 odd points today.
Coincidence of Bollinger band and 200MA was always going to be a tough hurdle.
Mind you, easy to say after the event :)

cynic - 04 Aug 2009 13:44 - 147 of 325

very happy to have banked that profit!

cynic - 05 Aug 2009 09:15 - 148 of 325

glad to be out with nice profit ...... may buy back in at 2400 - see chart

cynic - 10 Aug 2009 08:34 - 149 of 325

for the brave and nimble ...... sp has just fallen to 2375 where it touches on 25 dma ..... trade for the bounce, though as i said, it's for the brave and nimble (or the quick and the dead!) as RIO tends to be at the best of times

Falcothou - 10 Aug 2009 09:30 - 150 of 325

http://www.telegraph.co.uk/finance/newsbysector/industry/mining/6003057/Rio-Tinto-shares-slide-on-China-spy-claims.html

ptholden - 10 Aug 2009 20:16 - 151 of 325

Chart.aspx?Provider=EODIntra&Code=RIO&Si

Seems like my little Bollinger Band tip was a pretty good one (not that I can take any credit for it). Now down 248 points since posting, good as trading the DJ or a similar instruement

cynic - 10 Aug 2009 20:19 - 152 of 325

at the upper level indeed so, but judging entry is not quite so obvious
imo this rumpus with china is just a bit of sabre rattling and manoeuvring for some political end

ptholden - 10 Aug 2009 20:21 - 153 of 325

22 might be worth looking at.
You need to study some other indicators in conjunction with the SP action Ricardo (or do you want me to do that for you as well?) LoL :-)
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