Exploring for Gold in the Rainy River and Red Lake districts of Northwestern Ontario

81m @ 5.08 g/t Gold, 28m @ 13.28 g/t Gold, 9m @ 12.88 g/t Gold, 46.6m @ 2.28 g/t Gold plus Bonanza grade Silver (up to 1760 g/t)

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Message: Bayfield updates their drilling next to Rainy River
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Gold is going much higher than $1355 but its a good start for these banks to start raising forecasts. :)

By Matthew Walls

LONDON (Market Watch) -- U.S. investment bank Goldman Sachs Group Inc. Thursday raised its 12-month forecast for gold by a modest 1.5% to $1,355 a troy ounce, citing a prolonged period of low interest rates and persistent concerns over European sovereign debt.

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