Post by
favill on Jul 28, 2020 8:34am
Thoughts?
We know that when precious metals rise, mining stocks belatedly follow...and junior mining stocks even moreso. I read in one investment blog that the junior mining stocks don't really see a huge jump in share price until the second or third year into a precious metals bull market--so, I understand the reason BHS' share price has been stagnant. Having said that, does anybody know how much silver ore the company has actually mined (and is waiting to be processed)? There is nothing on its website (if there is, please direct me to it with a link and the date of the document, page and paragraph). There is very little substantial info (daily tonnage mined, how many tons of ore are in storage, etc). Another question...if the ore is being mined where is it all being stored?(storage space isn't infinite--and there's a cost to it as well). Thanks in advance for your responses.
Comment by
ardbegoil on Jul 28, 2020 9:11am
The short answer here is this operation is close to everything you mentioned and the next long awaited news is expected to unravel the mystery....Thats why we are at 13 cents in a rising silver market so place your bets.....best to all
Comment by
Gknight on Jul 28, 2020 9:22am
Here is the big boss himself: https://www.youtube.com/watch?v=ikobtDPOP2k So they have 400 t processed ore (which passed the ore sorter) with 400 ounces/t if 95 % of the not mineralized rock from the mine are rejected. They have a storage place at the mine, you can watch that at Youtube.