Bayport International Holdings Inc. (BAYP)

[rbtree]

I don't think they've done anything. In order to do any drilling or augering, they have to file with MSHA, and obtain a metals mining classification, which involves some training. They might have something pending, per some info on their website.

If they are planning to go beyond the casual use level, then they'll need to be buying equipment....dozers, etc....they'll need to build roads, most likely. And, were they to magically find enough gold to process, they'd need to have processing tools...and access to water, needed for most placer processing.

The odds of them ever doing much are remote, imo. Modern day placer mining in the lower 48 is a rare thing.