Banyan Gold Corp V.BYN

Spin it all you wish

[CaptnBalz]

The facts are BYN is fundamentally sound, the costs are low, I expect production numbers will be in line with Victoria Gold or lower.

This is a picture from PDAC March 2023 in Toronto.
23,000 plus attendees. Showing that retail investors are not interested. Except for the wise who accumulate at these bargain prices. BYN is a steal.

[givemeabreak1]

Cappy production numbers are not the issue it is the cost numbers that is of concern!  They have the ounces but the costs appear to be higher than Victoria and we all know the problems Victoria have had.  I am not sure where you get the cost numbers are low!  First, based on what we know they are not but more importantly we really do not know!  Heck Victoria is trading lower

[BIGBEN20]

The problem is that BYN has no potential! Soon going to zero!

[givemeabreak1]

BigBun that is not a nice thing to say!  

[fasttrack5]

  So Banyan has proved up over 6 million ounces in recent drilling and your saying nothing going for them. What nonsense. Very likely 8 to 10 million ounces soon. IMO the next producing mine in the Yukon.

[givemeabreak1]

Fast I am not sure about getting to the 8-10 million ounces.  It was definately looking very possible prior to the latest batch of drill results which were not good.  Alot will depend on the next batch!  I have heard the 8-10 million number including a possible large drill program following the current one.  However,based on the technical report the next phase of drilling will

[BIGBEN20]

LOL

[givemeabreak1]

Fast Just one other comment!  You say Banyan has proved up over 6 million ounces that is simply not true.  Banyan has a 6 million ounce resource but have proved up nothing.  That is the point of doing a PEA, a PFS and a FS to prove up an inferred resource..................?  Phase 2 if they are following recommendations in their last technical report will concentrate on proving