i think the problem rio has is trying to complete a deal withthe...

i think the problem rio has is trying to complete a deal withthe cornerstone investors as well as coming up with a price. ie some wants the right price, others the price doesnt matter as much. which reminds me of mcc whose investors werent all that concerned about the price. having said that, they all over paid for their stake anyway.

But, riv has bigger potential, rio deeper pockets, 15$ is very under valued, perhaps vale coming in as well - i think unlikely as major miners tend not to go head-to-head with each other imo.

i would like to buy now, but there's every possibility of rio walking away imo