Market bullish on Rainy River Resources

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


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

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