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.

            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%

so buy fewer of them! ..... don't forget that RIO regularly moves 1-2 in the course of a day and gthe spread is rarely more than 2/4p

are you selling now cynic or is there more to come??

i sold half yesterday .... ditto POG ..... but then i don't think i mentioned that i had doubled up both within the last week

nice one, looks as if both are having a rest for now, may join you in rio at the bottom if it comes low enough, hadn't noticed the chart movement as always thought it out of my range of dealing. live and learn BB.

all a bit hairy scary for the last couple of days, but the chart below shows why there looks to be pretty good support at 31.00 ...... or is it trying trying to break downwards? .... should that happen, then 29.75 (50 dma) should be the next good support level

Took a gamble and bought some at 30.98, also back in lonmin and aal. think gold will be back in favour soon.

30 looks like the next sideways support level and as a heavy hitter on the FTSE100, which is looking decidely weak, I wouldn't be overly surprised to see 29 at trendline support :-)

THANKS.....lol

gold gets hit, so RIO gets whacked, though not a gold miner ..... gold goes up, and RIO pretty much gets ignored, because it's not a gold miner!

that chart in the header says it all for me, dont know.
one day i will.(think i will know that is) one day i look forward to making a few bob on this. as always dyor.
regards
jkd

chart below shows current level is half of high but are regularly sort of place to be

3300 has proved someting of a stumbling block in the recent past, so while accepting that prices at this time of year are even more volatile and nonsensical than usual, it would be encouraging indeed if this new break upwards can be maintained into the new year

PS - i can't make head or tail of the previous post either!

due to seasonal oddities, i will cautiously say that the resistance at 3300 has now been decisively broken ...... from a total amateur's chart point of view, 4000 looks to be the next serious resistance.

Peter is much more sophisticated with charts than i, so it would be useful to hear his comment

3600 was looking a bit of a resistance, but that has been shattered this afternoon

missed out big time here,... ggggrrrrrrrr!!

as sp can easily move 1 either way, you have to think of RIO as a trading stock, so the criteria are slightly different

or in this one's case 3-4 at a time

i meant "a day" .... i actually bought back a slice during the afternoon, and even that is now showing a tasty profit .... have to keep reminding myself not to get too greedy

Because Rio had a rights issue, 21 for every 40, dilution equates to a price well above 50 currently

confess i hadn't realised that, but just emphasises what a strong company RIO is then