Hot junior resource stock, small cap resource stock investment tips bayfield ventures corp v-byv

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Bayfield Ventures Corp. (Symbol: V.BYV)
Company Name:	Bayfield Ventures Corp.
HQ Location:	Vancouver, BC
Company Website:	http://www.bayfieldventures.com
Shares Outstanding	40.3 Million
Closing Price (June 21, 2010)	$0.38
Market Cap:	$15.3 Million
Average Daily Volume	93,000

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Business Overview

Bayfield Ventures Corp. is a Vancouver, Canada-based junior gold exploration company. The Company is exploring for gold in the Rainy River and Red Lake districts of Northwestern Ontario. The Company’s principal focus is its Burns Block Rainy River project that is immediately adjacent to the eastern boundary of Rainy River Resources’ (TSXV:RR) main ODM17 gold zone.
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What is interesting?

A close neighbour of one the most successful junior gold exploration company, Rainy River Resources (TSXV:RR), Bayfield Venture has strong exploration potential.
Bayfield owns 100% of 3 properties adjacent east and west of Rainy River Resources’ significant gold deposits in northwestern Ontario.
Its main project, the “Burns” claim block, is completely surrounded by Rainy River Resources’ property and adjoins the immediate east of Rainy River’s main ODM17 gold Zone.
As per the company’s filings, the ODM17 zone is known to extend from Rainy River Resources’ ground onto Bayfield Venture’s Burns block. Under an option in Sep 2008, Rainy River Resources actually intersected a 4.5 metre interval grading 7.34g/t Au on the Burns block but the option agreement was later cancelled when Rainy River did not meet the exploration spending as required by the option agreement before the due date of November 2008.
The company also owns 100% interest in the 992 hectares “B” and “C” claim blocks, located due east and west of Rainy River Resources’ #433 and the ODM17 gold zones.
The company has commenced a significant 20,000+ meters drill program at its Burns Block property and will also start drilling at the B Claim Block during summer of 2010. These exploration programs can result in significant short term catalysts for the company.
All 3 properties for the company are in Canada, a safe and stable mining jurisdiction with very low geo-political risks.
Access to excellent infrastructure with paved road access to site and power within 500 metres.
The company raised $4 million in May 2010, which will enable it to pursue an aggressive drilling program and will potentially help the company in obtaining significant resource estimate.
The company has a strong and stable management team at the helm.

Risks

Bayfield Ventures is an early stage exploration company. The commercialization risks associated with gold mineral exploration and development are high and its prospects for discovering economically viable gold resources are uncertain. Gold prices can fluctuate and a decline in the gold prices could impact the share price of the company adversely. Early stage exploration companies typically needs significant amount of capital and although well financed, Bayfield Ventures may still require additional financing. This could result in shareholders’ dilution.

Bayfield Ventures Corp. News

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