Banyan Gold Corp V.BYN

Alternate Symbol(s): BYAGF

Metals & Mining Gold

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.

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Banyan Gold Corp > Common Denominator!

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Comment by CaptnBalzon Jun 10, 2023 10:31am

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Post# 35489893

RE:RE:Common Denominator!

One more point giveme. I agree the sector needs a giant flush. That will come, more importantly, the sector must discourage every bull.
All bulls buck off the rider before the charge.

What we need and are seeing is capitulation. Even the die-hards are turning red with frustration.
This is when blood in the streets buying makes millionaires plus.

Banyan is blood in the street's stock. The company is performing at Grade A levels, the stock is undervalued by a multiple of 2 plus. I put 2 not to be so jumpy. My realistic number is Banyan is undervalued by 4-5X.

CaptnBalz wrote: giveme- Your observation is one that deserves every investor's attention. Each case is qualified by merit that particular CEO brings to the table.

Executive compensation, the bane of jr mining. This becomes one main reason to pay particular attention to credentials, results, ect.

giveme, I fear you are looking for love in all the wrong places. What is Tara Christie's compensation, and how does she receive it? Has Tara sold one share or one option?

I'm the type of guy who likes to roam around, I'm never in one place I roam from town to town. But when I discover a story like Banyan's I move in and build my house for the long haul.

Sure, diversification has its merits, but it also has its downsides. Me, I like the Banyan story, its CEO, the execution TC has brought forward, the future, the cash on hand, the focus, the compensation TC receives and how it is distributed, the institutional support, the resource estimate, and finally, the end game.

So, in the end, for me, what is keeping me from buying offers up to 50 cents? Nothing but liquidity. As it becomes available, I buy.

Look, I've been here since 5 cents, so take my comments as biased.
I plan to upgrade my home with funds earned from Banyan Gold.

givemeabreak1 wrote: Hey Cappy!
Did you ever ask yourself what the common denominator is of the junior mining sector? It is the ridiculous executive compensation! How can you be paying 500k to 1 million a year in just the CEO's compensation package for companies that produce nothing and in most cases over 90% in the junior mining sector will never produce anything?