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Bayhorse Silver Inc V.BHS

Alternate Symbol(s):  BHSIF

Bayhorse Silver Inc. is a junior natural resource company. The Company is engaged in the acquisition, exploration, and development of natural resource properties. The Company has a 100% interest in the Bayhorse Silver Mine, Oregon United States of America. The Company also has an option to acquire an 80% interest in the Brandywine Property located in British Columbia. Canada. The Brandywine Property is located near Squamish, British Columbia.


TSXV:BHS - Post by User

Bullboard Posts
Post by Goldcat007on Apr 05, 2018 1:28pm
129 Views
Post# 27837201

Q1 Results..........

Q1 Results..........

Now that BHS is a producer, it is normal that quarterly results should be put out at the earliest possible date.

I, for one, am looking forward to those results and expect that the bigger players are also.

 

It is encouraging that VGZ.T, Vista Gold, also is going the ore sorter route....The Northern Miner, Feb 19, 2018 issue.........

also,  DNA.T Dalradian Resources is going with a sorter.  

 

At a silver price of $16.50 and an assumed AISC of $10, it will take only 153,000 oz Ag to pay $ 1M for the sorter.  If Mr G used a 3 year payback, only 51,000 oz Ag per year will pay for the sorter..  

If BHS produces 1 M oz Ag yearly, that is 19,600 oz Ag per week.....2.6 weeks of Ag production each year for 3 years.

 

That leaves a lot of cash being generated in the other 49 weeks......super cash flow per share....perhaps even a special dividend as well as quarterly dividends.

BHS is indeed a diamond in the rough.

 

Job had patience and it worked out despite his trials.

IMHOO

 


Bullboard Posts