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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 13, 2019 2:13pm
78 Views
Post# 29741462

RE:Onwards and upwards

RE:Onwards and upwardsGreede, I agree. A lot of the value in investing in juniors comes when you get the right entry point. BHS has a producing silver mine which will increase production as funds are received. It has a unique and low cost means of recovering its silver and, right this instant, has a market cap of 7.1 million. While we may bump along the bottom for a little while longer, as silver is mined, processed and sold, it is going to be apparent to the brighter end of the market that that market cap should be 3x or 5x.

Now, if silver goes on a wee upward excursion, having a 2100 ounce per day (which can be increased to 4200 without much CAPEX) mine is going to be very attractive indeed. Especially as BHS has paid very careful attention to keeping the all in cash cost per ounce below $10.


Bullboard Posts