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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 Oct 16, 2023 1:41pm
119 Views
Post# 35685716

RE:RE:Buy Byn, buy the offer. Bidding is for gamblers.

RE:RE:Buy Byn, buy the offer. Bidding is for gamblers.How low could it go?  That is a difficult question to answer with so many unknowns ie drill results gold price etc. That said, I suspect with tax loss selling beginning in a few weeks it could go to .25.  To say the difference between buying at .40 and .25 is merely a small variance in the amount you get is somewhat naive.  Maybe it is lost in the translation but if something goes to .25 it has to rise 60% to get back to .40 that is no small difference and most people would love a 60% gain every time they invest.
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