I increased my position on Bayfield Ventures yesteday. Lots of news will be flowing and you don't want to be out of this stock. Drill results have been great. Weak hands pushed the stock lower yesterday and can't see the big picture.
Lex Corp News Letter
Email from the company regarding yesterdays stock action:
I would suggest the first dip in share price at the open was people who do not understand the play and were looking for more high-grade. This release was not associated with the high-grade zone. We are drilling to delineate the high-grade zone now. The second drop in the share price was caused by external forces. Gold sold off and the venture market sold off starting around 8:30-9:00am. From our prospective nothing has changed. We are proving up the western extension of the RR open pit zone.
Regards,
Jim Pettit