I took an initial small position too... a bit haste, even for me.

The rock value is around 380-420 $ per ton. The mineralisation runs along a fault.. at an angle of +/- 50 degrees. Westward direction.

Seems like quite alot of holes have been drilled in the past, even a resource estimate has been made (by who SGS-Canada Inc.?). They came up with 450,000 tonnes. Slightly lower grades.

http://www.beaufield.com/investors/press-releases/details.aspx?id=30

http://www.beaufield.com/uploads/promotional/bfd-fact%20sheet_mar10.pdf

Geophysics has been done recently in holes extending up to 800m. Which means we might get a higher chance hitting something again in the future.

Troubling to me is the number of barren holes (page two, second link). Seems like there's great rock around, but its a thin layer. But ok, where is the mineralisation coming from. How extensive is the fault mineralisation... Seems to be alot of unknowns for now...