Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Beaufield Resources Inc. BFDRF



GREY:BFDRF - Post by User

Bullboard Posts
Post by sexy369on May 06, 2006 10:34am
345 Views
Post# 10805863

Let's get real people!

Let's get real people!I have been reading the BB for a week or so now and have noticed a little truth mixed in with a lot of crap. I have been a shareholder since the company went public. Personally, I don't put all of my eggs in one basket, like some of the gamblers that post. That's why I have bought and sold and am now strictly playing with profits. All of my initial capital is out plus I have already taken enough profit to more than triple my money. Now, my remaining shares are for the endgame. These "posters" who think this will go to $10 or $20 a share may be right, but are most likely dreaming. Facts (simplified version): 1)Grab samples positive 2)More importantly, chip samples very positive 3)Same geophysical structure on our property as on VGQ 4)Goldcorps has assisted BFD with financing.... On the assumption our initial drill results are positive (which I believe they will be based on the above), Goldcorps is not going to buy the company out. 9 or 10 holes does not make up a workable mine. You need positive results from a minimum of about 25 holes before you have an operational mine and that does not consider all of the other operational and administrative issues (which is not an issue since Goldcorps is already there with VGQ). Having said that, perhaps, depending on the results from the 2nd group of holes, Goldcorps may react preemptively and take the company out. Having said that, if the results next week are positive, we will see a run up. But let's be realistic. Maybe $$2.50 to $3.00 range. Who knows when a feeding frenzy occurs. It could be more. In the end, however, there is no way Goldcorp would let this get to a $10 or $20 per share state. Why should they? If the 2nd set of results is good, they will likely take BFD out in the $5.00 to $10.00 range which would likely be pretty fair for shareholders CONSIDERING that the number of holes drilled may not necessarily be enough to constitute an operating mine.... I would love to see $10 to $20 per share, but with Goldcorps already in place, it's not likely to happen. Personally, I think Jens has handled everything brilliantly and will ensure the shareholders are appropriately rewarded when the time comes. Those dreaming of $10 to $20 share, enjoy your dreams. Personally, I'd rather be a little more realistic. I'm already watching Jens' newest company MKR. Now that will be interesting!
Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse