Bayport International Holdings Inc. (BAYP)

[rbtree]

Well, where do I start?

First read this to see what a respected analyst thinks of TRER.
http://www.goldgeologist.com/mercenary_musings/musing-110829-REE-Review-Every-Good-Geologist-Knows-That-Grade-Is-King.pdf

Note, that TRER's REE's are extremely low grade, yet are still way above the background levels seen at EXTO's Utah claims.

Then read my post which refers to the numbers EXTO used in their pr.
Then, use some intuition (for the moment, kindly discount your rational exuberance over what you think EXTO may be doing) and you might see that they are simply using the REE buzz to generate some interest in their company.

Nice all the work you're doing to see if you can unearth what they might be doing in Newfoundland. But, from my perspective, I see a non reporting company which has no proof of anything.

Then, you compared TRER's % of company in REE's to EXTO's. Fist EXTO has nothing proven (or even close) at this point...gold, ree's, oil, seafood, or anything...it's all up the air. TRER, by contrast, has a property that was first considered for its beryl and uranium. As they have just started drilling (the old work was years ago) their property is way too early stage to be considered as viable, much less a bankable resource.

That said, they have another analyst who did a seemingly thorough report that shows that the ore body is the largest in the world. But that study doesnt really address the low grade problem. It is, however, a good read, and can be found with a forum board search.

Last, TRER, being early stage, was extremely overvalued when it popped to $10, and today's value is only due to speculation of what could be.

Bayport's REE as they are disclosed and understood at this time should be worth no less than $20M, or about 25% of TRER...

See above, there is no indication that they are even close to having any REE's worth mining, so the value is......next to nothing