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Bayhorse Silver Inc V.BHS

Alternate Symbol(s):  BHSIF

Bayhorse Silver Inc. is a junior natural resource company, which 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 Bayhorse Silver Mine and the Pegasus Project are 44 kilometers (km) southwest of Hercules Metals’ porphyry copper discovery. 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
Comment by chilkatpeteon Dec 20, 2017 4:32pm
79 Views
Post# 27199418

RE:RE:RE:Good info is that management is putting money in

RE:RE:RE:Good info is that management is putting money inOne of BHS reports called the road to the mine a 4/4 road. Expect the road has been upgraded to handle a 40 tonne truck load of hi grade ore.
DD should not stop when you buy a stock (CP's comment). The process from exploration to production can be a long..expensive..one with many twists and turns.
Mr G,as he is called, made a gutsy move to forgo exploration directly into production. There is no NI43-101..or PEA..but good data on potential ore reserves.
The move to using an ore sorter  is also a very smart move. Try getting a permit for a flotation mill with large water requiments, chemicals,and waste water treatment ponds 700 feet above the Snake River ( a salmon and steelhead river). The anti mining groups would have been all over DEQ (OR agency for pollution issues).
What is unique about this project is (hopefully soon) is the prospect of revenue to do the exploration necessary on the Bayhorse mine and the BTG prospect. Bunker Hill mine opening up again! BTG might be a nice property for them when proven UP.
One issue that bothers me is the 5000 CUYD max on production. The actuall tonnage depends on the SG (specific gravity) of the ore. If 15,000 tonnes/100 tonnes per day would be 150 days of production. Maybe an Operating Permit is in the mill?
Bayhorse Mine (Baker County) is up the road from me on Interstate 84. Think a site visit would be nice in the Spring.
PS Bought another 6000 SH today. Still long on BHS. CP


Bullboard Posts