Brad Baker is a good person to talk to about RR.
Below is an emial anwer to a request for info I sent to him.
Hello Bob,
The current cash burn rate is about $800,000//month. We are looking at reducing that to about $600,000. We plan to have the update resource out by February 2008. We also expect to have the scoping study (preliminary economics) done by late January or February. These 2 milestones have been pushed back till those dates for several reasons including new geological interpretations that could significantly enhance the project economics. We also feel that there is no point in having a resource out in these current market conditions.
If you would like to talk further, please do not hesitate to call.
Sincerely,
Brad Baker
Investor Relations
604-639-4495 Direct
604-731-6900 Main Office
1-888-700-0477 Toll Free
604-639-4498 Fax
bwb@rainyriverresources.com
www.rainyriverresources.com