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Bullboard - Stock Discussion Forum 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... see more

TSXV:BHS - Post Discussion

Bayhorse Silver Inc > Heinrich 428- from CEO.CA to you
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Comment by Henrich428 on Feb 23, 2021 1:02pm
First of all, Starcore is a one-mine producer which I believe traded at 30x cash flow in '01 to '11 miner bull market and I don't believe that that company did have then or does have now a great deal of mine-life. So conjectures about mine-life change nothing about my calculations for 100x Bayhorse at $60 silver. Secondly, Bayhorse wasn't even going to get a resource estimate at ...more  
Comment by hartadd on Feb 23, 2021 1:41pm
The question I would like to ask Henrich is if you have finished your BHS buying and if not up to what price would you buy? Sorry if this is a redundant question in your view.
Comment by Henrich428 on Feb 23, 2021 1:51pm
I chose to wait silently until people had fudded the share price to the bottom then go in all, so I have my allocation now and I'm willing simply to wait and hold. At a $30 million mcap BHS still looks extremely cheap, barely 1x of what cash flow will be soon, but it's already by far my largest position now.
Comment by hartadd on Feb 23, 2021 1:58pm
As regards Brandywine Henrich a poster here or on CEO.CA wrote that there would be trouble getting it deveoped because of the jurisdiction in which it is situated. Also with the escalating price of silver and the share price of BHS escalating also does this preclude the possibility of BHS ever being bought out do you think?   
Comment by Henrich428 on Feb 23, 2021 2:05pm
From what I can surmise of Graeme he won't let BHS get bought out, which is exactly why I'm so heavily invested. It's only if a one-mine producer goes all the way and keeps producing that you can make that 100x or 1000x gain. I don't believe that a man would pour his heart soul and money into a company for so many years if he didn't intend to keep the company all for himself in ...more  
Comment by nitetime2 on Feb 23, 2021 3:09pm
Heinrich, really enjoy reading your posts!! I disagree with you regarding a possible take over because everything is for sale at the right price!! YES, even Bayhorse!!
Comment by CaptainDuff on Feb 23, 2021 3:19pm
Regarding Brandywine's jurisdiction, British Columbia has a permitting process which is pretty transparent and open to mining. The First Nation involved is highly entreprenural and looking for opportunites. While there will be the usual bureaucratic delays and costs there is no reason at all to think Brandywine cannot be developed. As to a buyout: unlike many junior developers, it has never ...more