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Beaufield Resources Inc. BFDRF



GREY:BFDRF - Post by User

Post by juneau103on Mar 01, 2018 4:22pm
130 Views
Post# 27646939

Circled the Wagon

Circled the Wagonso my sources have suggested the following, and really the press release said it all.... "A total of 79.7 million Beaufield common shares were voted, representing approximately 38 per cent of total shares issued and outstanding as at the record date of the meeting." There were 6 guests in attending, 2 were brokers representing two large interests ( most likley Jens and one other ). If they were serious, they would have held the AGM in Toronto, and this coming week while the PDAC is on. But OSK got what they wanted, BFD on the cheap, and Ron delivered it! Lets have fun here and guess whats next.... 1) Option out some of the properties ( which ever companies do jump on ) BFD will get some form of cash payment and stock. When BFD sells the other companies stock, BFD benefits directly but not our pocket books ( right? ) 2) sit on Windfall until they start running out of AU next door, then start to develop BFD lands 3) WILD CARD, they option out Windfall to BTR? Why not, they got $50M and a good chunk of it has to be spent on PQ properties, so in the long term, OSK does know the power of Eric and they know his influence in/on Bay street. BTR has to be smart enough ( one would hope ) for them to know there will only be ONE ( 1 ) camp at Windfall/Urban. So cossy up now, thats where smart money would be betting on. BTR also know, that if they keep drilling their property, it could be swiss cheese deposit, better to stop now while they can start to build a resource model. Frankly, I like the wild card idea, and it is one to keep in mind. I also noticed that DGO just renewed their deal with BTR in Windfall, so some of BTR's money is going into Trove, ( interesting), DGO trades .07-.08 and only 35M shares and has $1.5M in the bank. I reviewed their deal with BTR, they owe DGO $$ and another 1.5M shares.....one to watch perhaps maybe even take a small stake. I am off to PDAC, I will report back to the board on Thursday or Friday J103
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