Post by
givemeabreak1 on Oct 27, 2023 7:23pm
Two Companies Two Approaches!
Banyan 6 million ounces continuing to drill and add ounces.
Goldshore 6 million ounces and proceeding to PEA as they see no point in adding ounce without determining the economics of what they have.
Banyan Market Cap 80 million
Goldshore Market Cap 18 million
Banyan Lower Strip Ratio
Goldshore much higher grade
One might argue Banyan is still overpriced or maybe not? Maybe Goldshore is underpriced or maybe not. Maybe these border line projects are just that.
Marathon is a real project will they bring it on time and on budget if so it will be a great long term buy as they are busy building a mine with alot of potential to grow the resource but are limiting any exploration for the moment.
Comment by
CaptnBalz on Nov 05, 2023 4:06pm
GSHR? Quite the debacle. The current news should convince you. You have it confused with the real deal.
Comment by
givemeabreak1 on Nov 05, 2023 6:16pm
Agree Goldshore is looking pretty ugly even with a 6 million ounce resource. They almost have as many shares out as Banyan now. Both are teetering on the Scary verse. That said, Banyan has more in the bank and alot of drill holes to report so a couple of sandy's might get them out of this funk. In the mean time it might drift below .25.