Scotia sums up the Rainy River New Gold deal Scotia sums up the Rainy River (RR.to) New Gold (NGD) deal in just ten words
Posted: 03 Jun 2013 08:02 AM PDT / IKN, live from LatAm
Who needs a mouthful of prose; pages of charts and hours spend sweating over XLS spreadsheets when all the information that needs to be conveyed can be done in just ten words?
Leily Omoumi, the analyst covering Rainy River (RR.to) over at Scotia did just that on Friday, when commenting on the deal struck between RR.to and New Gold (NGD) in her note to clients by headlining the implications in this way: "We believe this is a good deal for New Gold."