Post by
givemeabreak1 on May 27, 2023 9:29pm
Interesting Comparison!
So both Banyan and Goldshore recently released updated resources? Both have a 6 million ounce inferred resource. One has a much lower strip ratio. One has a much higher gold grade. One has a cut-off grade of .25 gpt the other .35 gpt the result of course of the stip ratio mentioned above. One has a market cap of 114 million the other a market cap of 36 million. Which one is undervalued not to the market but to the other. Needless to say Goldshore is undervalued to Banyan which for the purposes of comparing it to Goldshore is overprice.
Do not get me wrong I am not saying Banyan is overprice just overpriced in comparison to one other company.
Comment by
givemeabreak1 on May 27, 2023 9:44pm
For those who do not get it! Before they get the old basher theme going I am merely showing why comparing one company to another out of context is just that. It is difficult to compare an apple to an onion!