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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

Comment by Henrich428on Feb 22, 2021 4:37pm
186 Views
Post# 32629346

RE:RE:RE:RE:RE:+25%

RE:RE:RE:RE:RE:+25%I thought it was interesting, Captain Duff, that, in an excellent post you made on 17 Feb. (https://stockhouse.com/companies/bullboard/v.bhs/bayhorse-silver-inc?postid=32588132) you came to exactly the same conclusion which I did about Bayhorse's future share price. The figure which you gave there was "$3 to $10 per share at $50 silver." When @hartadd asked my opinion I gave 25x-75x or higher as my target for BHS at $50 silver, which almost exactly aligns with your figure. My rationale is simply on the basis of a 10-30x cash-flow valuation with an AISC of $10 and a production number of 1.3 million ounces per annum. And inevitably good results from the ongoing drilling-programme will simply add further to that potential gain, since it rates Bayhorse _solely_ as a producer.
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