Wednesday, May 9, 2007

Rio Tinto in Play?

Well,
merger mania continues unabated. Now we have the potential news of Rio Tinto (RTP), at close to $95 billion cap, a possible take out candidate from its chief rival, BHP Billiton (BHP), a $155 billion cap giant. The metals and mining space is en fuego! Today's winners (and of course XME at new all time highs):


NORTH AMERICAN PALLA (pal)
+11.67%
JAMES RIVER COAL NEW [jrcc]
+11.24%
MANCHESTER INC [mncs.ob]
+10.62%
TITANIUM METALS CORP [tie]
+7.60%
USEC INC [usu]
+5.84%
METALLINE MINING CO [mmg]
+5.59%
NATIONAL COAL CORP [ncoc]
+5.44%
TIMBERLINE RES CORP [tblc.ob]
+5.42%
BHP BILLITON SP ADR [bbl]
+4.78%
BHP BILLITON LIMITED [bhp]
+4.30%

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