RE:Interesting Comparison!givemeabreak1 wrote: So Goldsource also has 6 million ounces! But Banyan's are a much lower strip ratio so a good thing. Banyan has more money in the bank and is continuing expansion drilling also a good thing. That said, Goldsource has taken a different approach and is doing a PEA also a good thing. Also, Goldsource ounces while at a slighty higher cut-off grade have been calculated at a lower gold price. Also Goldsource ounces are at a sunstantially higher grade which will offset the higher strip ratio! So which is better hard to say. If one was to believe they are equals the market does not think so or at least the retail investors as Goldsouce is only .15 a share for a market cap 1/4 of what Banyan's market cap is. This may or maynot suggest Banyan is overpriced if they do not have some good drill results upcoming. It will be interesting to see their drill results. Both may or may not be a good buy. I picked up a whack of Goldsource today!
Yes,, actually a good comparison indeed,, worth further research for sure.. No doubt in my mind BYN gets bought within the next year around $1.25 per share..Yea I'm very long Banyan