Paul VanEeden
Beaufield Consolidated Resources Inc.
BFD-X
DON'T BUY
Aug 26, 2005
Released surface samples that indicate they have gold mineralization. Very risky, highly highly speculative. Not something I like to get involved with.
Beaufield Consolidat has found very similar style of mineralization in the right kind of house rock, which makes people believe that the land package that they have is prospective. It is an interesting stock and one to keep a eye on. If you are looking for a junior stock in the area of James Bay this would be one of the best.
Got involved in a project in Virginia which has turned out remarkably well, and was sold to Goldcorp (G-T). They have 3 other projects. It has turned into a really interesting company. Would buy on any pullbacks.
Located very close to Goldcorp’s property in James Bay. Everything will depend on the drill results. They found the right mineralisation in the right type of rock in the right location which makes it somewhat promising.
Likes the management. Have some ground staked in the James Bay area. Initial results were not great and the stock took a beating. Not excited about any of the James Bay area plays.
Likes the Virginia area. Has a very good land spread there. Initial drilling results were somewhat disappointing and the stock got slaughtered. The results weren’t as bad as people seem to think.
Property near the Elinore ore body that Goldcorp (G-T) bought from Virginia (VIA-T). A beautiful land spread and will be drilling. Couple of other projects also. Quebec project has some molybdenum. Good speculation.