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: Where is the downside?

Where is the downside?

posted on Jan 18, 2010 11:54PM

I just can't find it. It was a great company at lower grades. In a relatively safe jurisdiction, close to infrastructure.

My two best investments of the last year were this and San Gold. It takes a lot to beat the results San has been getting. Rainy River just did it. This is definitely a world class deposit. And yes, I did have a few doubts before today. "Inferred" is a category open to a lot of interpretation.

The only possible down side I can see is the price of gold falling. And it would have to fall astronomically at the grade we've got.

I just can't see that happening, with Geithner, Bernanke, and Obama at the helm.

And 6 drills turning? The results and momentum will just speed up!

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