big buying, page-25

I was intending to post these thoughts yesterday but will do so anyway as today's trading probably helps underline what I was thinking...

Surely after the Russians made their offer it was then beholden on Rio, for many reasons (the least not being proximity), to conduct a takeover feasibility study themselves. This I'm sure would have been done already in the past but I'm "a 2nd look" has been underway since the bid.

One line of thought could be that this "2nd look" is pointing towards a bid from Rio itself and that some of this sentiment is seeping out to certain parties in a position to spend some money! (this is my pure speculation of course)

Do the volumes at this stage hint at that or is it just big brokers making an easy buck on an albeit small margin????

I hope it as Juzzy says that "we're all going to Rio"!!