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: Rainy River Announces Buyout of Royalty and Bonus Payment

Nuinsco must be strapped for cash. This is a good deal, in my estimation. I wish the shares sold were valued higher, but then they will no doubt be diluted by future financings. If inflation gets high, as a lot of analysts are predicting, we'll be glad we got out of the inflation-adjusted NSR. And did I read this right? We gave $500,000 now to get rid of a commitment to pay 25 million in the future?

Saving us 2 million in future expenses must be worht something!

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