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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 Aug 17, 2020 1:27pm
149 Views
Post# 31418593

Of interest to Greede and Gold/Silver Investors

Of interest to Greede and Gold/Silver Investors One of the greatest funds of all time just shocked the world. It's a fund that has averaged more than 20% annually over the last 55 years. A mere $1,000 investment at its inception would now be worth a whopping $27 million today. So when this fund makes moves, the market listens. And it just made a market-moving bet that is about to change the landscape for every company within the sector. I am talking about Warren Buffet's Berkshire Hathaway. You see, the Securities and Exchange Commission (SEC) in the US requires every institutional investment manager with $100 million or more in assets under management to disclose their equity holdings at the end of every quarter.This quarterly filing is called Form 13F.And Berkshire Hathaway just filed it this past Friday, on August 14, 2020.It's 13F revealed something startlingsomething that almost appears as if Berkshire is not only betting against US financials but the US dollar itself.Via BNN Bloomberg:"Buffett's Berkshire Hathaway Inc. sold 62% of its stake in JPMorgan Chase & Co. and cut 26% of its Wells Fargo & Co. holdings last period(it) also pared back positions in other financial-services firms including PNC Financial Services Group Inc., M&T Bank Corp., Bank of New York Mellon Corp., Mastercard Inc. and Visa Inc. Berkshire all but exited Goldman Sachs in the first quarter in the first of Buffett's worrying signals and finished the deed in the second." And the bet against the US dollar? In a surprising turn of sentiment, Berkshire added a completely new position in a sector that it rarely plays in. In fact, it's a sector that Warren Buffet has long frowned upon. I am talking about gold Barrick Gold, to be precise. Barrick Gold is one of the largest gold miners in the world. Why is this big news? Because for years, Warrant Buffet has criticized gold investors.Via Business Insider: "It's no secret that Warren Buffett doesn't like gold as an investment. The legendary investor used an example in his 2018 letter to drive home his point about the importance of not panicking and investing in stocks over gold for the long run."So if one of the most successful funds of all time with no exposure to gold is now all of a sudden adding a gold position, it's a big deal. A really big deal. But I should clarify: Berkshire didn't buy gold. It bought a company in the business of producing gold. And, as we wrote on August 8, 2020, with gold production experiencing its highest margins in 40 years, investing in gold producers just makes sense. It should also come as no surprise that just a few days before Berkshire released their latest holdings, we wrote, on August 11, 2020 : "Barrick is a market leader in the gold sector. One of the keystone attributes of a "leader" is to provide direction for others. In the months and years ahead, it will be interesting to keep an eye on the senior gold sector peer group to see how many other companies adopt the "Barrick operating model." With the bellwether gold stock now in the hands of one of the most successful funds, we'll likely not only start seeing other funds pour money into gold stocks but retail investors as well.
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