I have been a long term holder of Bayfield because of its proximity to and likely buyout by Rainy River Resources. Rainy River/ Bayfield are open pit mining opportunities and therefore don't need the high grades just volume. BYV has been drilling extensively with multiple drills over a long period of time with pretty good results. However the grades at BYV were very good yesterday and the odds of a buyout are very high which explains the large increase in MC.

I am a short term but significant (for me) holder of GAX and am looking for higher grades in our next set of drill results as we need to start building a base for our 43-101. I don't think we will get the 50% increase in MC until we get a few sets of good drill results.

Thanks for getting me into GAX glorieux as I followed you over from GNH.