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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

Comment by Henrich428on Apr 08, 2021 6:24am
216 Views
Post# 32955143

RE:Dividends

RE:DividendsSilver dividends have been promised to people who signed up for the Silver Option last year, but that was a one-time private placement available to all existing shareholders. It was 5000 shares (more technically warrants) for each 25 ounces of silver. (Similar to Resolute Mining's 5000 shares per 1 gram of gold dividend.) Some of us have e-mailed Graeme and asked about a regular silver dividend. He has always been considerate of the suggestions and never dismissive, although it's obviously a good way off; first we need to generate regular cash flow, which is only just beginning to happen. (The deal with Ocean is estimated to bring in an initial 2-3 million CAD, before then possibly becoming extended full-time.)

At the moment, Graeme is speaking with a company who may be able to create their own conversion of the concentrate into silver instead of selling the concentrate to others to process. If that company can do what they say they can do then things will definitely get very exciting.

Also, thank you CooperBoy.
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