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Banyan Gold Corp V.BYN

Alternate Symbol(s):  BYAGF

Banyan Gold Corp. is a Canada-based company, which is engaged in the business of exploration and development of mineral property. The Company holds three main projects in the mining friendly Yukon Territory: AurMac Project, Nitra Claims and Hyland Gold Project. The Company’s flagship asset is AurMac Gold Project located in the Mayo Mining District. It has earned a 51% and 75% interest in and has the right to earn a 100% interest in each of the Aurex Property and McQuesten Property subject to certain royalties. The AurMac Project covers over 173 square kilometers (km2). The Nitra Gold Project is located in the Mayo Mining district, approximately 10 kilometers west of the AurMac Gold property, within the traditional territory of the First Nation of Na-Cho Nyak Dun. The Nitra Gold Project has around 1,442 claims (296 km2). The Hyland Gold Project consists of 927 active Yukon registered quartz mineral claims totaling over 18,620 hectares in an area that is road accessible from Watson Lake.


TSXV:BYN - Post by User

Comment by givemeabreak1on May 23, 2023 9:51pm
55 Views
Post# 35461200

RE:RE:RE:RE:Just Thinking!

RE:RE:RE:RE:Just Thinking!Actually as usual you got things wrong!  I called Banyan to retreat to 32.5 if gold prices remain flat.  It retreated to 36.5 when gold rose over $200 an ounce!  It is still over $200 an ounce higher so from .56 it is now .38 factor in the gold price which i stated if remained flat it would actually be lower than 32.5 right now.  You retail investors see everything through a distorted lense.  If you look at my original comment it had nothing to do with pro or con about the company but rather what is typical in a junior miner runup.  They pretty much alway overshoot and retreat.  As to miss the 8-20 bagger oh well I made a 10 bagger by using the power of compounding!  In case you have not figured it out yet that is how the markets work and how most people make money.  
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