Re: email sent to RR

Rainy River Resources

NI 43-101 Resources of 3.42M oz. Au Indicated and 3.17M oz. Au Inferred (Feb. 2011)

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Re: email sent to RR

posted on Aug 08, 2008 09:47PM

Gold777

The share price is low because the market is volitile and uneasy with no sense of direction. Nervous investors are getting out of the small cap stocks and putting it into some large cap and a lot of cash. We are in the summer doldrums. Gold has dropped from $960 a month ago to $857 today and Rainy is following it down just as all the other gold stocks are doing as well. Once confidence comes back to the market there is a lot of cash on the sidelines waiting to come back in. Management has put in place a shareholders right plan, poison pill. This would mitigate an unfriendly take over. Watching the share price daily gives one ulcers for sure. RR is drilling continually and will update the 43-101 in the fall. Do your own DD , that is just my opinion.