Bayfield Ventures Corp BYVVF

RE:Alex P Keaton great letter

[AlexPKeaton]

Thanks gnawitall...I have to admit, I was a shareholder until they released
their estimate on the Burns Block property--which to me was disappointing.
Even if they were to do the recommended drilling I don't think it would add much
more tonnage on such a small property.

I would have liked to seen more work done on their 'B' Block property
and perhaps even a few holes poked into their 'C' Block property.
I tried getting more info (at PDAC) on how much money they were going
to need, how they were going to raise it, and what were their plans for the company
moving forward but was unsuccessful.

I still think a take-over here is a strong probability...just at a much lower share price.

To their credit, management did appear to use most of the money on drilling, kept
shareholders regularly informed with "updates from the field", and only drew what I
consider to be modest salaries.

Of course, I would have liked to have seen a better outcome thus far, but the reality of
their situation paints a different picture.