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Bullboard - Stock Discussion Forum Bayfield Ventures Corp BYVVF

GREY:BYVVF - Post Discussion

Bayfield Ventures Corp > Rainy River Gold Camp
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Post by threepalms on Jan 26, 2013 10:20am

Rainy River Gold Camp

BYV might have a small piece of land next to Rainy River Resources but sometimes Location is paramount. Does BYV have gold within this 100 acres? Sure looks like it..Does it not?

Logic says that eventually RR will take out BYV.

The other players within this camp may not get taken out by RR but they likely will become producers and at minimum production will be seen from their properties.

v.cyy has a large land position within the area. They are actually moving to production before t.rr.

v.kbg owns an imporatnt group of claims directly in the heart of the v,cyy project.

These claims have been under option to v.cyy for sometime.

v.cyy just closed on another acquisition within this Rainy River area.

v.kbg also has 18,000 acres contiguous to t.rr land that they have been drilling for 3 plus years.

That property is anticipated to see much exploration in the next couple of years.

v.kbg also has 2 other properties in Rainy River camp. Tha'st correct v.kbg has 4 properties within this area with 2 under significant exploration mode.

Point I am trying to make here is regardless of what some may say about BYV they will create substantial shareholder value with this 100 acres property. That seems a reasonable bet.

Million dollar question here should be. Can BYV entices t.rr to buy them out before running out of exploration monies???

That is the risk here in my view.

On the plus sides some of the drilling results from BYV are pretty darn compelling. Likely to t.rr as well.

Comment by threepalms on Jan 26, 2013 3:01pm
I do not own v.cyy but I have followed the project for some time. These are some of the highlights from the PEA released last week. Rainy River Gold Camp will be a major focus at the PDAC in March I suspect. PEA HIGHLIGHTS: Base case pre-tax NPV of $111 million, 20.1% IRR (at $1,472/oz gold); Pre-tax NPV of $205 million, 31.2% IRR (at $1,700/oz gold) at a discount rate of 5% Base case after ...more  
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