Questions Surround Gold Project In Northwest

A U.S. financial services group isn’t optimistic Rainy River Resources will be on target to get its open-pit gold mine north of Barwick open.
U-B-S points to recent drops in gold prices.
It suggests with prices down 15% off last year’s high, the project will likely remain in a state of incubation until prices improve.
The company has targeted construction to begin in 2014 and is currently working towards the start of an environmental assessment.