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: NEWS COMING OUT

I hope you're right about the takeout, and the price. I never buy a play based on takeover speculation, and I am not in for the short term. I've been accumulating because they've got cash in the bank, have got great deposits, are in a politically stable and mining friendly place, and are incredibly undervalued. I'm long, and glad I picked up a bunch in the 80 cent range.

It could be that you know more than me... but I've been thinking this one won't be a takeout target in terms of development stage for at least another year and a half. Osisko and Detour will go out a long time before this one.

MR

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