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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

Comment by fasttrack5on Dec 19, 2023 12:36pm
132 Views
Post# 35791970

RE:Interesting.

RE:Interesting.
CaptnBalz wrote: I'm told the information flow will increase substantially come Jan 2024.

Buy the offer, bidding is for gamblers. It is inappropriate when first establishing a position.
Buying the offer assures you are at least holding a partial victory when the security moves suddenly.

Do not concern yourself with up or down moves between 5 to 30%. In the rearview mirror that will look minuscule compared to the revaluation Byn will experience as the market adjusts to the current 6.2 M ounce resource estimate.
 
You can fully expect a R/E touching eight million ounces in 2024/25.


Full disclosure I am a shareholder of BYN.
the only negative I see is the number of outstanding shares.
approximately 284 million.
The positive is just b4 Victoria Gold consolidated their shares where at over 800 million.and I don't believe they had proved up 6 million ounces.
just reminiscing here.another positive is I sold my Victoria holdings at over $20.00 per share.
l
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