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Beaufield Resources Inc. BFDRF



GREY:BFDRF - Post by User

Post by nobsplson Mar 17, 2017 12:04pm
177 Views
Post# 25993838

Nice one from OSK board

Nice one from OSK boardWindfall Lake Gold Project Reserves Have not yet found that metric. A Preliminary Economic Assessment was completed. The mining claims now owned by Osisko appear to have well over a million ounces of gold and ramping higher. As there are several other drilled projects in the area likely approaching the multi million ounce range & growing, thus, I would think that once this 400,000 metres of drilling is completed, along with gold ounces from other projects, the Windfall area must be starting to easily approach 5 million ounces of known gold resources which probably explains why OSK is starting to acquire additional shares in BFD (Beaufield) while share prices are still low in the pennies and teens. Windfall gold activity is just starting to rev up. Already, there is a hint of strategic investor effective control. Clearly, going forward, numerous juniors will get absorbed. For example, McEwen Mining has offered a friendly bid for Lexam VG Gold in the Timmins camp. Time will tell if Rob McEwen joins the takeover activity at Windfall. John Kaiser thinks the property valuations are still quite inexpensive at Windfall and the end mining result is likely a Giant Open Pit. Giant Open Pit?? Sounds like another similar mining/processing operation model that the Senior Mgmt of Osisko are well experienced at achieving - Recall the Malartic Gold camp of various deposits, now owned by Agnico and Yamana. Osisko's CEO has indicated the Windfall Gold area is an entirely "new" Gold district.
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