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: Re: Drill Results
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Mar 24, 2010 12:13PM
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M
Mar 24, 2010 03:32PM
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Mar 24, 2010 04:22PM
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Mar 24, 2010 10:09PM

I agree enigma. This area play is big and getting bigger. RR is doing what it needs to do as it advances the project. The market already anticipates that this is a lot bigger than what has been currently defined, so drill results such as these won't have a huge immediate impact on the share price. The share price will continue to move upwards, on average, quarter over quarter. There will always be pull backs, and these will be fresh buying opportunities.

What WILL impact the share price in a big way all at once would be something that surprises the market - a new high grade zone, very wide intercepts, or a takeover offer.

While the first two of those possibilities would be great, and the third would possibly be good (depending on the offer), I'm perfectly happy with the way the company is moving forward and will patiently watch it grow over the years.

1
Mar 28, 2010 05:45PM
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