GREY:BYVVF - Post by User
Comment by
threepalmson Oct 01, 2013 3:42pm
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Post# 21782307
RE:Is this the turnaround?
RE:Is this the turnaround?
If I can give some info as a comparison.
I own a ton of shares in a company that has a property in Rainy River. That company has quietly been consolidating property in the area for some 3 years. Yesterday I did a claim search on-line and was able to confirm the location of these claims and the fact that almost 100% of these claims are within known volcanics. I also know that this property has many many outcroppings and I have seen aerial photos showing these outcroppings. The property as a rule has very shallow overburden. However, on the negative side is that property is extremely fractured at surface and that has impeeded the ability to understand the source of the VG found in many areas at surface.
Having said that this company has drilled 33 holes themselves not including what others have drilled and nearly 100% of the holes should measurable gold and some high intersections.
They now have an understanding that they have something of value and all of the activity happenning in Rainy River will be good for all the players in the area.
Bayfield I believe have begun to unlock the secrets of their property and they are close to attracting some real interest by their incoming new neighbour.
Time to keep a close watch on Bayfield. A heck of a buy athis price.imho
If anyone wants more info as to why they should hold on to their Bayfield shares send me an inbox message and I will share some further thoughts.
Good luck to all those holding shares in companies active in Rainy River. Canada's newest gold district.