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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 CaptainDuffon May 03, 2019 1:50pm
85 Views
Post# 29707812

RE:The Bayhorse Boat is about to dock.....

RE:The Bayhorse Boat is about to dock.....ardbegoil, I am horrible at predicting markets but my sense is that silver tested its bottom yesterday. All the macro factors you cite are important plus the general lull in precious metal stocks generally.

A new, significantly younger, director is a good thing. So is the fact he understands mining engineering. BHS is moving towards a production story and that takes an ability to evaluate the mine plan. I was very happy Graeme brought in expertise at the Board level as it makes a huge difference to the bottom line if the mining is efficient.

Right now Bayhorse has the systems in place to mine, sort, process and refine the material at the Bayhorse mine. It needs a bit of money to get the engine to turn over; but that should appear shortly.

From a stock price perspective, it is unlikely this entry point is going to be seen again. If silver goes on a romp people are going to be looking for just this sort of near term production story with relatively few shares out.
Bullboard Posts