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Bullboard - Stock Discussion Forum 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... see more

TSXV:BHS - Post Discussion

Bayhorse Silver Inc > Serious question
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Post by favill on Jul 16, 2020 7:08am

Serious question

Do you folks think that the CEO's ultimate goal here is to sell the mining rights to a major gold/silver mining company? And, then use those proceeds to keep exploring?  Mr O'Neill doesn't seem to have any experience/history in bringing a property to mining/production status.
Comment by wanderer9641 on Jul 16, 2020 7:55am
While I do not have a crystal ball, I think he wants success here, he is the biggest shareholder and has a family of asian persuasion. the mindset is a bit different, legacy for family. You can always call during market hours if you wish to ask directly.
Comment by CaptainDuff on Jul 17, 2020 4:13am
It is a good question favill.  I doubt GO wants to sell the Bayhorse Mine. If he did, rather than investing in the equipment to make a mine, he would have drilled the heck out of it and walked down the 43-101 path.  Right now, the resource is too small to attract much interest from a major. There might well be several hundred million ounces of silver at the mine, but without drilling ...more  
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