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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 argo0523on Feb 28, 2019 11:47am
57 Views
Post# 29423331

RE:RE:RE:RE:bayhorse-commissions-first-silver-bar-pour-in-35-years

RE:RE:RE:RE:bayhorse-commissions-first-silver-bar-pour-in-35-yearsI think we can assume that if production does not start soon costs are still too high at current Ag price. Waiting for higher Ag price will of course bring us more dilution. I often wonder what if BHS from the start did what experienced miners do, spend their money on drilling a resource large enough to make it a attractive takeover target. SliverCrest did this and have a huge proven reserve that major miners are probably drooling over. The BHS plan to first move into production to finance further developement and increase shareholder value has been a dismal failure. Shareholder value is only a fraction of what it was a few years ago and will steadily decrease with more dilution.
Bullboard Posts