RE:RE:RE:A good summaryGivemeabreak,
Still spouting the way you generally do, I see.
Comparisons are odious - you know that. Each project has it's own dynamic - and you know that too.
Low grade? Fort Knox is still making scads of money...Victoria is also (and will extend its mine-life too). Banyan will do really well - they are a Tier One - and they have fostered good levels of support in the Yukon. Their ozs are all shallow at this point...so it looks very good for the future.
Newfoundland is also "mining-friendly"...so it was a mystery to me how they managed to tick-off the permitting people that resulted in considerable delay.
So, I personally think your last few posts were quite disappointing...normally you are a bit better at promoting fear and doubt.
GLTA
el d
givemeabreak1 wrote: ILuv
If you take a look at Marathon Gold a recently fully financed gold projec with some 6 million ounce resource mostly high grade then compare it to Banyon an early stage very low grade operation you will find if you take out the recent financings of the mine the market cap is not much different than Banyan which tells you it is over priced.
To be clear I am not pumping Marathon just pointing out there are much better project priced more attractively at these low gold prices. Not to say this is not a good project just that the share price is comaritively over-priced compared to many others.