Bayhorse Silver Inc V.BHS

THERE COULD NOT BE A MORE

[sage4050]

perfect period to become a producer.  Everybody is talking silver shortages, silver is set to take off and if only G starts production like next week ( or sooner) those seven years he mentioned could come true.  It is now or never.  No one will ever believe BHS again if they do not take advantage of this time frame.

[ardbegoil]

Actually Sage this is "not" the time to start selling silver and a lot of the producers are holding back their production to keep it away from the Comex.....This is the time for "one more thing "to count since silver is about to breakout so why sell your silver for $25 when its' worth so much more..?...I say stack the production untill the end of the 2nd quarter......Whats

[ardbegoil]

https://twitter.com/ArcadiaEconomic/status/1380695932220682241

[Henrich428]

Operating the mine at full capacity (200 tpd) requires $26,000 a-day, about $9 million for a full year's worth of production (350 days). So I suppose that it will be necessary to keep selling the concentrate to Ocean in the short term, simply in order to build up our cash reserves. Otherwise the mine simply switches off again. (Cf. Graeme last April: "We have to spend a lot before

[CaptainDuff]

Excellent observations Henrich. There are two variables which could significantly effect the performance of the company once it is in production. First, a rise in the price of silver as $BHS enjoys an attractively low cost of production. Second, an improvement in the average grade mined. As we know, there is a drilling program underway under the supervision of an experienced geologist. Part of

[sage4050]

We are always about to break out do this or do that.  It never happens and who knows it may not now.  Start production and if these things happen G will still have a lot of silver to sell.

[Henrich428]

1) We did break out. We've already doubled since I started posting here. 2) We are producing. Any ideas to the contrary are misinformed or ignorant.

[sage4050]

Producing without cash flow is not producing to me.

[Henrich428]

A relationship with Ocean Partners is cash flow. If your criterion of cash flow is seeing it in the quarterly report, then simply be patient and wait for it.

[CooperBoy]

Amen Heinrich. Thanks!  Sage, to quote Mark Twain "It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt".  

[sage4050]

You know I don't want to wait until G puts out some quarterly report.  Why can't G tell us he has made a FIRST shipment and is now actually a certified producer and let us know in general what these shipments are worth to BHS.  Grades, ounces etc are major positive news and he for sure owes us this type of info.  As far as you Cooperboy just keep kissing you know whose you

[CooperBoy]

Thanks for confirming my thesis.   :)

[sage4050]

I didn't draw first blood.

[Henrich428]

Graeme has absolutely no duty to oblige you, mate. He'll release his NR exactly when he's ready to do so, and you'll see the financial data in the quarterly report, as with any other normal company. He's done absolutely nothing wrong in the past, and has absolutely nothing to prove to you in the present. As I have already shown to you, it was literally impossible for Bayhorse to be

[cuaudog]

Really well put Henrich! I've been reading the same BS from a few on here for many years and really question their intentions as to sticking around if they don't appreciate how the company is being run. If one is not a fan just sell and move on. Thanks for all your input since you arrived on this site - it's been refreshing. All the best to you! D

[Klaus3001]

There is someone really fast getting out short covering. In my oppinion a very good sign.

[Clettern]

Thanks Henrich428, I really appreciate your fact based contributions to this board. I rarely if ever have posted here due to the nonsensical nature of the majority of past posts. Again, thank you... Clettern

[pilk111]

henrich once again fantastic post.  I am reposting what I shared a week ago or so.  I know I have 3 or 4 people on this board on ignore. I am not sure all of them still post cause I don't see their posts anymore. I presume Sage is still here since a lot of people are replying to him.  Here was part of my post "I have had Sage and many others here on ignore because they

[wanderer9641]

Sage, there will be nothing fast in this process so patience is required.

[sage4050]

After several years it is something I am not long on.