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Banyan Gold Corp. V.BYN

Alternate Symbol(s):  BYAGF

Banyan Gold Corp. is a Canada-based exploration company. The Company is focused on two Yukon gold properties, the AurMac Gold Project and Hyland Gold Project. The Hyland Gold Project is located in the Watson Lake Mining District in the southeast Yukon, approximately 74 kilometers northeast from the town of Watson Lake within the traditional territory of the Kaska Dena Nation (Liard First Nation). It consists of approximately 927 active Yukon registered quartz mineral claims totaling over 18,620 hectares in area that is road accessible from Watson Lake. The AurMac Gold Project is located in the Mayo Mining district, approximately 56 kilometers northeast from the village of Mayo and 356 kilometers north of Whitehorse, within the traditional territory of the First Nation of Na-Cho Nyak Dun. The project consists of approximately 506 active Yukon registered quartz mineral claims totaling over 9,230 hectares.


TSXV:BYN - Post by User

Post by CaptnBalzon Jul 21, 2023 12:20am
165 Views
Post# 35550948

BYN- Buy the offer. Cormark says $1 like I have for months

BYN- Buy the offer. Cormark says $1 like I have for months Cormark comments this morning: "Based on Banyan’s current company-wide resource of 6.70 MMoz (6.18 MMoz oz at AurMac and 524,000 oz at Hyland), the shares currently trade at an EV/oz of $9/oz, below the average of $30/oz for the explorers/developers under coverage. Given the safe jurisdiction, the proximity to infrastructure, and the simplicity of a future open-pit operation at AurMac, we believe these ounces should at least trade at the group average. This suggests a share price over 3x higher than the current level."

SO YES BUY THE OFFER.
Who gives a shorters night sweat or a penny flippers loss if the stock goes up or down even 10 cents after your buy?

Get real. This is a steal. Buy the offer to position. Bidding is gambling.
Anyone saying differently is a trader who loves small fry percentages.
As I have said since my entry into BYN. This is a 5 to 10X return.
More if things go our way.
And you are worried about a 5% or a 10% swing? Get real.



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