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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Message: Question????

Re: Question????/ answer

in response to by
posted on Mar 31, 2009 03:46PM

I called RR to ask my question about updating the resource calc on a continuous basis and basically He said they wouldn't do that because there has to be a cut off for the other studies underway. Resource update roughly once a year. Not sure I agree with this if it is easy and cheap to do. Despite the tendancy for a sell on news trend here, I still feel knowing where we are at is well worth the time and money to give an update every 6 months or so.

Nice movement today. I'm thinking we are still 2-3 weeks from the resource update. Another plus is the RR boys are on a 2 week multi city PR tour starting next week. Hopefully they will generate some more new interest.

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