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Beaufield Resources Inc. BFDRF



GREY:BFDRF - Post by User

Comment by warrenbluffiton May 02, 2017 4:47pm
118 Views
Post# 26194688

RE:10c soon

RE:10c soonCan you please rationalize your $.10 theory? Unless I am missing something here it has no fundamentals behind it whatsoever, the stock hasn’t trade that low since before Beaufield raised capital, which still seating in their B/S.
They are now with $8M in hand and with the support of a much larger successful mining company which bought over 3M shares at $30 and another 1M over $.25, for a total hold just under 20% and OSK as far as I can tell is very active at Windfall and working with Beaufield on future drilling plans.
I must be missing something here, but this simple looks like a case of money institutional going back to equity motivated by good economic numbers and the positive momentum in the TSX index. Investors like to make money quickly but as far as I understand that isn’t how it works in the mining business.
Some drilling news would certainly be nice but with the change in command we might have to be a little more patient with them I guess.. or maybe I am wrong and my first gold experience will be a bad one and it will cost me.
I just don’t understand why someone that seems to invest in uranium and other smaller gold companies and doesn’t seem to hold a single stock of BFD, comes to tell all of us BFD investors how smart he is and what we should trade at, without presenting one single set of data..is that how it works on this field? I turn the question back to you, now what tiny? what do you think is going to happen, should we buy some Durango?

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