BYG,T=GOLD$=P/Eof 5 ? | Stock Discussion Forums

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Gold/Mining/Energy
BYG,T=GOLD$=P/Eof 5 ?

An SI Board Since March 1997

Posts	SubjectMarks	Bans	Symbol
12	0	0	BYG

Emcee: CAM GIBB	Type: Unmoderated

Introduction Market Data Compact

Can anyone tell me why BYG Resources is still trading at only 5 times
it's earnings from gold production started in November ? They are producing now at about 50 % mill capacity, which they own along with the property it's on in the Yukon province of Canada, about an hour
from Whitehorse ( I think ). There doesn't seem to have been any promotion, which might explain why. They don't really need to since they are producing nearly a million dollars/month profit. Mill capacity upgrades are to be done by summer. Meaning it could be
putting out 3 times as much then. Current production is around $0.22/share/yr eps based on 44,000,000 outstanding shares and $800,000/month earnings.Certain reserves promise years of this. Drilling is supposedly confirming more reserves inline with neihbouring trends being minedby other companies. Don't gold producers usually trade around 10 to20 times their eps ?

See CANADA STOCKWATCH Website for full details.

Please offer opinions on why or why not higher trading ?

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
12	Bob bob, While BYG was clearing an area north of the Brown Mcdade for a g	M5PRO	-	3/28/1997
11	Does anyone remember when BYG was doing some work on their property and found s	Bob bob	-	3/28/1997
10	Thanks CLK	stockman	-	3/25/1997
9	Reply # 39 of the ORI thread has it so you can click on the address. That is th	CLK	-	3/24/1997
8	Thanks Matt I had lost it.	stockman	-	3/24/1997
7	stockman juniormine.on.ca C-YA Matt	M5PRO	-	3/24/1997
6	Could you actually write down the address of the Junior Mining Network on this	stockman	-	3/24/1997
5	Check the Junior Mining Network ( the site address is listed in one of Gramps r	CLK	-	3/24/1997
4	Currently and for the past while..the only juniors who appear to have done scre	Bobby Yellin	-	3/24/1997
3	BYG and its associates has every one wondering what is going on. No promotion b	Gramps	-	3/24/1997
2	Cam Check out the thread we have goin over in canadian stocks on Byg Na	M5PRO	-	3/23/1997
1	Hi, me again :-> Imforgot to mention trading is around $1.00 for now. -----	CAM GIBB	-	3/23/1997

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