new subscriber with many questions, page-9

  1. 12,484 Posts.
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    Oki-Wan

    The biggest problem for BYR is that Balatindi has thus far failed to meet expectations due to being very marginal grade. The PRU farm-in was established before the disappointing Balatindi down-grade was known. IMO, at the moment there are no projects that BYR have, that would make PRU rush in, despite PRU stating they are looking for new projects. However BYR does have reasonable ground for ongoing exploration.

    The second biggest problem is that the head of BYR has virtually zero credibility amongst former holders due to the withholding of poor results and also due to some dubious market activity in a biomed start-up some years back.

    With all due respect to current holders who support BYR, there is nothing about BYR that puts it any where near the top of junior explorers and money may be better directed to those companies with better projects and better management.


    GLTA in 2012
 
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