Friday, January 14, 2011

Rainy River Resources Spotlighted


Analysts are looking for big things from Rainy River Resources this year as the junior exploration company recently closed a $75-million financing and released its latest drilling results.

The company, which is developing a gold project north of Barwick, says the infill drilling results also opened up new areas for potential expansion.

RBC analyst Stephen Walker says ongoing results will be the prime catalyst driving share prices until the company releases its resource update this spring.