ardbegoil those cannon balls are blowing holes in my boat.I am of two thoughs about this whole matter, about 60/40 I'd say. First of all we owe a debt of gratitude to our CEO for finding this property and then coming up with a variety of innovative ways to get it to work. So has he been rewarded enough? That being said, are you all happy with the way things are going? It is all up to the shareholders. Live with it or say something.
So what do we know about BHS? A heck of a lot. It's estimated that out of 1,000 prospects drilled you get one mine so the other 999 went belly up and I'm sure we have all been on a few of them. Already we are a winner.We have tons of silver, we are in the US of A, we have two crews of miners going all out and I'm sure we will need at least one more crew soon to work on the state of the art equipment as well as explore another possible 2000 feet of paydirtt. At this point may I suggest to management to be sure we own the ground to the mountain as well as the top of that hill just in case the mountain was an upthrust and took away the continuity. So how are we paying for all of his and more? With dept, shares and watering down of our very important share structure.
One day we may have to close the doors and go the way of millions of others who had no choice. You can't live with one way finances...all out with nothing coming in. Self funding is a nice catchy phrase but to my mind self funding only works if there is a product being produced that is providing more coin than selling ones birthright. Looking at what we have in that hole in the ground it makes perfet sense to me to go full production as well as exploration at peak levels. We have 10 years before we run out and I think it will prove to be much more than ten years of mine life I think BHS is a twenty bagger right now. Thats only two bucks a share. That beats the stuffing out of 12%
I have no doubt that some may take issue with this but it is my opinion at this stage of my life and some things need to be said at this point in time with BHS. Sage is and has been right for a very long time.
overthehill11