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Bullboard - Stock Discussion Forum 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... see more

TSXV:BYN - Post Discussion

Banyan Gold Corp > Strange People!
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Post by givemeabreak1 on Oct 29, 2023 9:13pm

Strange People!

So some strange fellow on another board put forth a value for Banyan's gold at 12 billion.  Funny part is that would mean including every ounce in a mineable feasibility study which for any who have spent even a day in the mining industry knows that is impossible.  So 6 million becomes 4 million ounces so12 billion becomes 8 billion.  Now for the real issue he seems to forget you have to get it out of the ground which might be 10 billion lol.  Where do these clowns come from?  Time will tell but for now let us at least stay in some semblance of reality lol.
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