Bayhorse Silver Inc V.BHS

Oceans

[Curbside100]

Sells concentrate to NIm and buys from BHS ------so do the paths cross - right on McDuff

[Henrich428]

Curbside, Ocean is buying concentrate from NIM, not selling it to them. It has to do with BLLG and their near-term production deal with NIM, which I mentioned when I recommended BLLG.

[Curbside100]

I misread -thanks for the clarification 

[Henrich428]

You're welcome. I am also very sorry for my harshness yesterday. I simply feel very protective of BHS because I know that the only thing which could drag it down now is if the previous culture of low sentiment makes a return. The sole thing which I fear is bad sentiment taking root again before we get the production NR. It really is a case of, we either all keep holding and cash keeps coming

[wanderer9641]

As I have stated before "We are the window to BHS" It is on us to help draw new investors here.

[Kejomi]

Henrich, do you agree that BHS is more than a month behind on production?   It would be nice to know where they're at, but recall G said end of Mar should be the first shipment.

[Henrich428]

I've given a description before of what they're ramping up to and how the operation works when everything is going like clockwork. The 16 January NR said that they were moving towards producing "10 tpd concentrate" a-day, from what we can infer (from the ore-sorter's 93-95% rejection-rate) is about 150 tpd ore. So, in an ideal world, the Ocean deal would have got done within

[Kejomi]

Thanks for that Henrich

[wanderer9641]

in conversation with G - the occupancy permits for new building are delayed - town wants a drainage system for the building - is being looked into.  It is little things like this that add time.

[Gknight]

So they are not producing concentrate or are they?

[wanderer9641]

Should be in old building but not 100% - everything in moving flux - will be good soon enough. Minor delays are normal in construction.

[NoRetire]

just one more thing, right? Lol

[Henrich428]

The "one more thing" fud is completely nonsensical because the only reason why it was "one more thing" before 2021 is because the company had virtually no money in the bank.

[Henrich428]

On 24th March wanderer said, "The operation in Fruitland is operational, just not big enough for future output." So presumably some things are still ongoing. I'm glad to hear about this news because it means that the only thing that has got in the way is a minor construction issue which can be easily solved now that we have a big stockpile of cash and more wagon-loads of it coming in