Banyan Gold Corp. V.BYN

Serios Results?

[givemeabreak1]

Your obviously reading different reults than me.

[oneoone]

i think it is just sell on news mentality in such a weak gold market results look in line with past results to me

[iluv2buyem]

I presume we are reading the same release ? That being the case  Id say interpretation is the stickler . When you view the totality of the results and the company  its management  its rise to a 10 X since we bought at $ . 0045 cents Canadain  with its future growth how you can come to the conclusion we are not northbound is beyond me . Maybe read the latest and with the news

[givemeabreak1]

It is pretty common for companies to over shoot on the upside before returning to a more reasonable level. Look for 32 cent range by year end without some real positive holes. The recent release is some 20% below the average grade of their current resource which of course is very low grade.

[givemeabreak1]

Unfortunately These low grade deposits are just not mineable without $2000 gold.  Yes I know Victoria Gold and others are mining these low grade deposits but remember that is when financing and cap ex to build was much lower!   Based on what I see elsewhere this is considerably over-priced without them hitting some much higher grade holes.   A good example is