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%

have sold half for that reason

170 pt turnaround here Ricardo, hope you sold t'other half!

reasonably happy to hold those thanks peter, but sure glad i ducked first thing ..... with hindsight should prob have sold all, but market opened strong and certainly RIO has promise ..... have taken some other cash off the table too - see my comment on FTSE thread

Actually although the market appeared to open strongly, the FTSE Futs had barely moved from the close last night.

I was short EUR/USD and FTSE this morning, no positions open now, apart from a dog called PANR which might have potential for the longer term!! Also shorted Aviva for a quick +4 profit.

one day i'll learn to listen to you cynic..went off to work thinking there might be a bit more to come by 11.00am, now look at it......emu

more ostrich than emu

in fact, young emu, after an earlier plunge, RIO is actually performing pretty well in a bad market and is more or less back to opening level .... stay with 'em

emu ..... rio making another effort at 3300 .... it's already up about 70 at 3285, so may pause for breath before true assault

in your view, is the week going to be weak, hold steady or some gains to be made??
Please tell Sir, by the way it's Bristol way...:))

Back to 36 off a double bottom??

Would be good to see that theory (T/A) work. ENRC chart also doing the same.

BB - volatile is i think the most likely, and remain that way for a little while ..... i go down to b-on-a quite regularly and actually need to get my act together to take a bicycle frame down to bristol for repairs - so you could s=twist my arm if you were desperate


PTH - would like to think so, and have just topped up modestly, but 3300 needs a decisive break before next upward surge

i see the gold price has been back in the 1100's and rio ticked up above 33 are we going to see 34's ????

how the f* do you expect me to know????
i'll be more interested at this juncture to see if it can hold above 3300

Cynic....chill, only asking the sodding question.....take another vallium. lol

so you got the f'ing answer - hoho!

come on cynic should be dancing on your dictionary.....broken through 33

i know .... almost posted here earlier to that effect, for your benefit.
very happy that i bought a few more yesterday

Better do another dictionary dance cyners, might see 34+ today if we're lucky..

it's already (been) there

bloody dance harder then!!!!