GREY:BFDRF - Post by User
Post by
lhyneson Apr 02, 2006 3:32pm
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Post# 10610997
Quebec Area Play
Quebec Area PlayA couple of months ago when Goldcorp bought into Virginia, many investors were speculating as to "the next Virginia".At the time names like BFD, EVR etc were mentioned.At the time I suggested that ELO(then trading at a mere $.18.
Since the Eloro has acquired several more strategically located properties in the James Bay region.(check out www.elororesources.com).
At the present time the company has announced drilling on their Hurdman property, and should soon be ready to drill their Poste Lemoyne property adjacent to Virginia's Lemoyne property in James Bay north..
Recently the stock has broken out big time, and, it looks like it is not stopping here.
This one is worth watching....something certainly seems to be afoot.
Hopefully, in the coming two weeks we'll see a turnaround in the weakness with Beaufield.Either investors are getting cold feet, or the market is telling us that the upcoming drill results(albeit preliminary) are not stellar....as expected.
Len