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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
Post by hartaddon Oct 23, 2019 11:11am
90 Views
Post# 30258879

Eric Sprott on Silver/Bank liquidity issues

Eric Sprott on Silver/Bank liquidity issues Silver's key resistance remains $17.70 to $17.80a close above $18 would confirm a fresh breakout. Eric Sprott on Silver, and bank liquidity issues: There is going to be a shortage of Silver. We get information from dealers looking for supply and paying premiums, which is almost unheard of. And when I look at the amount Silver going into ETFs and going into India, there is no way that there is not going to be a shortageon top of that, there is a huge problem happening under the surface ongoing bank liquidity issues and how the Federal Reserve is responding to itTheres something happening underneath the surface where bank illiquidity is encountering a huge problem, and we are not being told. Who knows whats going on behind the scenes? The most likely thing is somebody has blown up their derivatives book, and all the banks are calling in loans to other banks for fearof the domino effect. The repo market has come under tremendous stressthe problem became visible to investors in mid-September when the repo rates surged close to 10%, he addedThe fact that they let it happen. The fact that they werent aware that it was happening. So theres this huge illiquidity situation in the banking business which they thought they solved
Bullboard Posts