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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 > Peru poltically unstable
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Post by Tinhos on Jun 18, 2021 9:10am

Peru poltically unstable

It seems that Peru has elected a completely inexperienced presidential candidate by a small margin. If confirmed, Pedro Castillo will take over presidency with a unclear political program leaning to communist ideologic positions that could drive out international silver miners out of the country. Peru is the seconad largest silver producer with 130 mio ouces per year and the largest silver reserves. This could severly diminish silver supply for the global market.
Comment by HurricaneAmanda on Jun 18, 2021 10:18am
Indeed, Castilo's politics aren't great. He's actually proposed nationalizing the mining industry and taking some of the profits. Unfortunately his opponent in the election wasn't any better. She's claiming fraud without any evidence, demanding votes be nullified, and facing a host of corruption charges. (Kinda like a delusional orange con man we all know.) It sure seems like ...more  
Comment by miner23 on Jun 18, 2021 1:21pm
Peru's misfortune inspired me to buy another 5,000 single malts, em, sorry, jumping the gun here, that's 5,000 more shares of BHS
Comment by hartadd on Jun 18, 2021 4:16pm
I was drinking doubles yesterday so bought 10,000.
Comment by hartadd on Jun 18, 2021 4:19pm
10,000 shares I mean, to add some stability I think!
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