Bayfield Ventures Corp BYVVF

Threepalms...Let me get this straight...

[Toasted2]

You figure that Bayfield is going to do well if it comes up with 500,000 ozs?? Is that correct?

If so...You too are out to lunch!!

At $50 per oz of gold (equivalent) in the ground that equates to a take out price of $25 million US. which is more or less the same as $25 million Cdn.

Bayfield has 74.1 million shares outstanding....(91 million on a fully diluted basis.. last I saw)

So...for ease of calculation, and being ultra-conservative...

74 millions shares multiplied by 36 cents/share gives Bayfield a present market cap of $26.64 million.... (Remember there are 91 million share outstanding on a fully diluted basis (amounting to an additional 17 million or so potential shares give or take)...so investors buyout price, if a buyout were ever to materialize, is even less with the additional dilution)...

Point is...

We all know that Bayfield is going to have to do a lot more drilling to suggest they have 500,000 ozs...so lets assume the $4 million in the treasury will go to complete the future drilling...

So based on your hope of a 1/2 million ozs...Bayfield is still trading well ahead of itself even if they do get paid fair market value. (Which personally, as I've suggested is unlikely based on a single buyer)

So you're going to take all the risk in buying this junior, like any other,  for what upside?

IMO investors are once again going to be on the short end of the stick with this one based on the facts we see...Draw your own conclusions!

Please let me know if I've missed something...

T2

[threepalms]

Ok here my attempt to explain why BYV might yet provide a return to investors. I suspect the company will continue to drill the burns block as there is likely still some drilling on this property to be done. (approx.280 holes done ?? guesss). Only a small number of holes have been done on B block (480 acre property) Significant upside there. I think the company will continue drilling as long as

[Toasted2]

Threepalms... With all due respect, that is one of the most rudimentary analysis I have ever seen...Hence, the reason you still think this is a good buy... Um...er..company is drilling more...so there likely to create more value!? Are you serious? You made you're buy decision based on that? No wonder most people playing the markets lose money... First, you've got to understand how to value

[threepalms]

I like to keep things simple. Right rocks? Right structures? Ability to explore? Ability to create shareholder value? Lets just wait and see if T.RR makes their move. I think they will, but I would not bet the farm on this one. Just enough to keep it interesting. The only question is how much money can one make holding BYV shares?   I anticipate significant news in 2013 from all 3 major

[Toasted2]

Making a simple analysis will almost always lose you money... All the best with your other investments... T2

[threepalms]

I meant that I now try to keep my posts simple. I conduct DD each day. I NEVER EVER BUY into a junior until I have had at least 1 concersation with the president of the company in question. I have shared a number of emails with Bayfield recently and I am confident that they are moving in the proper direction. (still very risky in these times) Keep a close eye on all the players in the Rainy River

[Toasted2]

If there is anything you should learn...It's that the best information does not always come from the president of a junior resource company as all of them will try to sell you on their respective stories. Go through the SEDAR and SEDI reports.. That doesn't mean that calling them is not a good idea, it is...just make sure you have your B.S. detector turned on first. Most of these guys are

[threepalms]

No doubt...many can spin the yarn. In my view all the present landholders in this emerging Rainy River area need to be carefully considered. Things are beginning to heat up and we will likely see positionning soon that will draw significant investor interest to the area. I fully expect Rainy River area to be the shinning star at the PDAC show this year. Good luck to all.

[Toasted2]

Then why not buy Rainy River as opposed to clinging to some wanabe? T2

[threepalms]

That wanabe that you talk about just signed on Jim Rogers from Goldcorp High Grade Zone fame as it's new president. I own a piece of a number of serious up and comers in my precious metal fund investment. These little junior explorers I own are a hobby of sorts but that hobby looks like it might hit me a home run this year.

[Toasted2]

Stick to the point threepalms... We're analyzing Bayfield here...and you bring up King's Bay? You guys are ranting and raving about everything but this company! Rainy River this, Rainy River that...and oh...King's Bay...It's not even on the same page dude! Think Jim would hop over to a company clinging to the hope that its 100 acres is going to be a company maker? T2

[threepalms]

The point is that what we are seeing develop in front of our eyes is what some will look at 50 years from now as the last major gold rush in Ontario. The Kenora-Rainy River corridor is beginning to show signs that it may become a huge gold production area that will rival Red Lake. Specifically, in the Rainy River area there are four main players that may become the foundation of a huge mining

[Toasted2]

Threepalms... Mr. Burger flipper...I'm wondering if you're qualified to offer any technical information. You haven't got a clue...and made no effort to defend yourself with my questions as to why anyone should listen to you and your pumping. T2