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Bullboard - Stock Discussion Forum Bayfield Ventures Corp BYVVF

GREY:BYVVF - Post Discussion

Bayfield Ventures Corp > Bayfield VS. RR
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Post by IqaluitZen on Nov 21, 2012 5:03pm

Bayfield VS. RR

RR has avoided mentioning BYV's Burns block and has avoided including the Burns block on their maps.

RR has developed their open pit mine on the west side of the BYV Burns block right to the border.  open pit mines do not go straight down vertically.  They will leave many oz's in the ground on the RR side.

BYV has found many great holes on the west side of the Burns block, so the mineralization continues onto BYV's side.

BYV has discovered much more on the east side.  RR owns the parcels on the east side too.  RR has been drilling on their side and finding more oz's.

BYV is surrounded by RR on both sides.

Mineralization exists on both sides.

Massive open pit mine will HAVE to include BYV's Burns block.  RR can not mine all THEIR oz's without BYV's Burns block.  Open pit mines are not vertically designed.  They go down 1m and over 1 m, like a bowl.

 

So, imo, the BYV Burns block (which has plenty of gold) is a prime target for RR to obtain in order to offically design their open pit mine strategy.

 

My 2 cents.

Comment by bluesteele on Nov 21, 2012 6:59pm
IqaluitZen BYV's strategy to keep the Burns Block property and not option it back to RR was a key strategic move for them and the gamble has paid off..... it could have went the other way and they could have went broke not finding anything. Nobodies feelings or ego should get in the way here from either side. Business is business and it was Rainy River that missed the mark by not completing ...more  
Comment by dutchy31 on Nov 22, 2012 7:43am
I fully agree with you bluesteele. I'am invested for many years now and still convinced of the huge potential here. Through  the years we had investors who were very dissapointed in a few compagnies led by the same management (CYP etc.)  First of all they prob. didn't understand that investing in a junior has a lot of risk. So they became the dumpers out here. I'am convinced ...more  
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