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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 12, 2021 4:29am
110 Views
Post# 33690229

RE:RE:RE:RE:RE:Where are these bags going to?

RE:RE:RE:RE:RE:Where are these bags going to?Just accidentally went over the character-limit so I might as well give in anyway and write a long post instead of trying to stay within the confines of these short messages:

As I have said, we have two different brand-new pictures. One picture shows Graeme standing next to about 12 big bags of upgraded ore at the Bayhorse mine. You know that it is the Bayhorse mine because you can see the white tent from the all-weather storage-pad in the background. Another picture shows Graeme standing next to the same bags of upgraded ore, on a small lorry, getting received at Fruitland about two weeks ago (specifically the 29th of July). We know this, because we can analyze the hidden Exif data in the photograph, which provides both its geolocation and the date on which it was taken. But processing at Fruitland has been ongoing for months. @HDLR was told on the 14th of May that "the old facility" (i. e. Fruitland) "was still producing concentrate, and mining was ongoing." Hence there is no reason whatever to presume that these pictures simply represent the first upgraded ore that has ever left the Bayhorse mine. Hence "for all we know" the initial Ocean deal is already done, and the concentrate from that deal is getting shipped to Ocean as we speak, or nearly about to get received by them. Hence "for all we know" this ore in the picture may be over and above the initial Ocean deal and intended to fulfil future orders. The Fruitland facility (contrary to what you said) is not capped at producing 1 tpd concentrate, far from it. As I have said, last I checked it was supposed to be capable of a 50-100 tpd operation which yields about 3-6 tpd concentrate, not 1. The delays are not because Fruitland is so useless as to be capped at 1 tpd concentrate, but have been mostly Covid-related, and owing to the fact that (as Alexco says of its own nascent operation): "COVID-19-related restrictions and slow recruitment of underground miners and technicians, may extend the scaling-up period." What I am saying to you is that we have to wait until the next NR to make full sense of these pictures and what they represent in the process of operations. However, their existence is extremely promising to me, because they prove definitively that Graeme was telling the truth when he said that mining and processing are happening and that Fruitland is in operation despite the permit-delay at Payette.
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