Bayhorse Silver Inc V.BHS

I GET NERVOUS

[sage4050]

when the board is quiet.  Somebody post how good things are going to be.  Silver ( as I have said so many times before) seems to be gaining strength.

[Henrich428]

Plenty of good news to give. According to a phone conversation which a shareholder just had, Bayhorse is in the process of producing the concentrate right this moment, and should be finished in about a month. This information accords with the reports of several other people who have e-mailed Graeme recently. The company has also paid off about 2 million dollars' worth of debt (so nearly all of

[sage4050]

Are you saying the 3/31 date is no longer in play?

[Henrich428]

An e-mail from 28 Feb. reads: "we anticipate the first shipment of concentrate under our off-take agreement by the end of March." That's where I inferred the date 31/01. Most recent conversation with loose language of "should be finished in about a month" pretty much accords with that. Doesn't really trouble me on precisely what date everything both gets done

[Gknight]

Cool that guy. He goes his way and nothing and no one can stop him. Chapeau !!!

[sage4050]

Are you saying 428 that G has been shipping product ,being paid, creating a cash flow and keeping it a secret from the investing public.  That, 428 is what is insane.  I should have known, I did really down deep, but I am a born sucker.  All these years and he finally goes into production and has the gall not to release info to the world.  Wand is never going to see G standing

[Henrich428]

Haha, what. No, lad, that's not what I said. Wouldn't surprise me if they got paid first by Ocean. The details are confidential nor am I an expert in the matter. I have no idea how these off-take agreements go. All I said is, first, that if they have paid off $2 million in debt they must have all the working capital that they could ever hope for, secondly that they are confidently

[Gknight]

Yes, that was an exaggeration. But now seriously: What did they actually do with the flotation concentrate that accumulated during the start-up phase of the flotation plant from September to December? Debt paid?

[Henrich428]

There would have been only about one ton of silver produced from those 400 tons of material, or about $1 million CAD's worth. Not enough simply to go and fulfil the initial deal with Ocean immediately, which we infer is about 100 million ounces/$2.5 million CAD, but would have given BHS a good head start. Then as regards producing the rest of the silver, as @wanderer9641 said, "

[WHATTHE1]

Q&A...To and from Graeme... Q; Just curious, as to when  Bayhorse silver will get paid for its concentrate? Will it be on a per shipment basis (monthly) or when all of it is contractually   agreed concentrate is sent at end of year? Has there been any advanced payment? A; "Typically a partial payment is made when the shipment is loaded onboard the ship, with a final

[pilk111]

Wow WHATTHE1...thanks for sharing. Man this is getting exciting. With Heinrich research it seems news is imminent (maybe a month or so)....we need silver prices to cooperate and we will never see the 20's again

[nitetime2]

Sage for God's sake, CALM DOWN please with all your unfounded conclusions. Listen to me when I tell you that all is good with Bayhorse, in fact .......VERY GOOD... GiddyUP Bayhorse!!!

[ardbegoil]

LOL,,,,It's quiet because all the wheels have been set in motion here and even silver seems to be cooperating.....Show Time is about to commence and there is little for us to say or do...We all have analysed this little outfit to death over these last "bonanza" years and now I personally think its finally  happening here.....Quiet is nice.......best to all