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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 Aug 06, 2021 10:57am
157 Views
Post# 33663228

RE:HAS ANYONE CALLED

RE:HAS ANYONE CALLEDCaptain Duff did call him, see his post from the 26th.

"I gather that there are happy miners, happy drillers and geos and happy, but frustrated mill operators at the Bayhorse Mine. That is not, unfortunately, something you can press release. Actual numbers from the mine, assays from the core and, yes, bags of concentrate from the mill are the hard facts required for a News Release. My bet is we will have all of these shortly."

https://ceo.ca/bhs?0613bd7eac6e

You can infer that Greede called him also from several of his posts on ceo.ca. There is no absence, Graeme is right there for anybody to call, but until the Ocean deal gets done or the assays come in then there would be nothing of any importance to report in a news release. At best he could provide a corporate update, which nobody really cares about.

Brandon Macdonald, the CEO of Fireweed Zinc, and several other people are corroborating lately what Graeme said to @HDLR in May, that it has not been easy to hire people at the mine and mill. See his tweets here:

https://twitter.com/YukonBrandon/status/1422636952613003265

"If the bull market for mining is coming, expect a crisis. Expect companies cancelling programs because they can't find drills. Or geos to plan and run the program. Or expect baby-faced grads running drill programs staffed with newb drillers and in turn, disastrous results."

Another important industry insider said lately that "the industry is basically running on fumes when it comes to trained staff and professionals, for even the most junior of projects. Pay has been boosted to insane levels just to attract people and keep them on board and away from poachers. It is only getting worse, as there simply are not enough actually-trained people to go around. This is especially true of underground mine positions." (Bayhorse is an underground mine.)

To my mind, current conditions fully explain any delays in the programme. But as Greede says:

"If you can just wait amidst a covid-plagued industry with logistics challenges you can't comprehend, there will be news. In my opinion, folks should be glad they're not releasing fluff news for the sake of it. BHS has extremely intelligent folks working behind the scenes working like stink to get things moving. Ocean Partners is still on the table obviously, BHS drilling and assays are happening, our team is on-site and the wheels of progress move slow in a NORMAL environment, imagine during a global pandemic! Price weakness is temporary. I look at this as a rare second shot at folks considering to strengthen their position or start a new one. No doubt there are delays due to a lack of manpower, Covid still causing container and shipping issues etc. But the difference is that finally BHS is funded to get where they need to be. It's just a matter of time."

https://ceo.ca/bhs?60cb347e416a
 
https://ceo.ca/bhs?cae2aaa28949
 

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