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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 Tinhoson Jun 28, 2021 3:32am
122 Views
Post# 33458514

RE:RE:RE:srry for the assey fud

RE:RE:RE:srry for the assey fudI think that there is an important difference as paying for concentrate offtake is linked to the COMEX silver price and smelter fees (is that correct?), while the coins can have an additional premium due to the shortage of physical silver. That should increase revenure considerably.

Actually, First Majestic is also not selling concentrate and rather producing dor bars. Keith Neumeyer seems to be very happy about this and not having to work with the intermediate  smelters. In a recent interview, he confirmed his forecast of triple digit silver driven by the demand, which will drive prices. Today and tomorrow will be the days to fix the amount of physical delivery for the July delivery months. 
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