Beaufield Resources Inc. BFDRF

RE:RE:RE:Long Over Due

[investornot]

While I believe that OSK can intentionally hold back BFD for its own end game - which only requires a friendly BOD's or 50.1% ownership/control of the voting shares, I don't yet believe that we are seeing anything other than a slow down at present. That though appears to serve the immediate purposes of OSK and not necessarily are in line with the interests of BFD retail investors. 

I say appears as there is nothing yet conclusive. The fact that they had only 1 drill working in June was an eye opener. Happy to see 2 now and it will be even better short term if there are 3. What I'd like to see however are drill results from the area that would extend onto BFD's claims from the OSK property. Seems a knee jerk reaction to do some drilling next to Bonterra's find but that is not why OSK took up a minority interest in BFD. Lets get on with the real business of the day. 

I spoke with Jason early on and must admit I was not overwhelmed by his remarks. Longer story that I would print here, but what I did feel would help retail investors would be a Shareholders Rights Plan. Jason seemed to be by his reaction and comments interested in that idea, but nothing yet. For potentially OSK friendly hands keep an eye on Eight Capital. 

I see a run to come on buying to shore up positions if a takeover is to come. That would put some upward pressure on the share price. 

There is a win/win here for retail investors but it IMO would be a muted win without a bidding war. I am not counting on that, but do expect that over the next 6-9 months this will unfold one way or the other.