Rio Novo Gold Inc. (RN)

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Rio Novo Gold Inc (TSE:RN) (PINK:RIVVF) Bounces From The Bottom November 03, 2011

Rio Novo Gold Inc ( TSE:RN ) (PINK:RIVVF) attempted to spurt up from the recently hit bottom, but without any material developments or other news the rally doesn't seem very strong. RN stock price went up 17.1% on Wednesday carrying along a trading volume of 851 thousand. That marked one of few such heavy trading days, however, looking at the past performance, it doesn't bode anything special. Bulls could try to bring the share price up to its 50-day moving average which is more