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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 Tinhoson Sep 29, 2020 8:49am
153 Views
Post# 31634129

RE:RE:RE:RE:RE:"Bread and Circus" time is here again......

RE:RE:RE:RE:RE:"Bread and Circus" time is here again...... It is much more likely that operational delays are the reason for the wait. I dont know if such a medium throughout processing plant that has been installed in Idaho is producing anywhere else and if there are any off-the-shelf solutions for that relatively small size of operations.  But with the limited budget, there is hardly another option than to optimize the design G has devised. Anybody knows this?

Selling the mine is currently not an option, IMHO. As I said before, neither seller not buyer currently know the right size of the mine and the right overall evaluation. This is not a risk that both sides would be ready to take if they use any due diligence. And the volatile price of silver adds another uncertainty for both sides to massivley overspend or undersell. Rather, the producing mine is a good source of cash for the other projects. Why accumulate other projects if they cannot be financed?

Bullboard Posts