High Expectations for 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 financing arrangement and released its latest drilling results.
The company, which is developing a gold project south of Kenora, says the drilling results 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.