Post by
atacrawl on Jun 06, 2022 1:54pm
Some questions
It seems that there are two different complaints/issues that shareholders have with Bayhorse in 2022. (Apologies if this has already been covered.) These are 1) the seeming delay in the successful completion of delivery to Ocean, ie. full operational production, and 2) management's silence about this process Just to take the temperature of the room, which of these are BHS shareholders more upset about? Which of these indicates a larger problem (if either of them do)? Are we certain that BHS' situation is not actually commonplace in the junior mining sector? Is anyone aware of any similar situations in the mining sector (small-cap miner entering production on a shoestring budget) that could offer insights as to the general or expected timing of the production and delivery process? Just trying to gain some context on this company as a novice mining stock investor.
Comment by
Curbside100 on Jun 06, 2022 2:30pm
look elsewhere ---maybe scz
Comment by
Miner81 on Jun 06, 2022 2:42pm
I talked to GO last week. Things do sound promising if the cost of shipping containers continues to drop. The supply chain needs to get back on track aswell. You can contact GO @ Bayhorse after 4:00 pm PST.
Comment by
Tinhos on Jun 07, 2022 6:53am
Is shipping container(s) really a problem? I can see that in the direction of China or Asia to US is problematic but most containers return to Asia as empty containers. To which location do the containers with the concentrate need to be shipped?
Comment by
wanderer9641 on Jun 07, 2022 11:06am
Most juniors are bottoming and need a change in sentiment. Until investors realize where the future is we just have to wait for a good price. SCZ is a good example - look at last financial report and ask how a company can go from about 2.2 million profit to 19.1 million and have no appreciable rise.
Comment by
miner23 on Jun 07, 2022 1:23pm
The delay in delivery to Ocean is an issue on the board but pales in comparison to other penny stocks such as Winston Gold. Lion One just came to life after a number of years. Its just a waiting game for us whiners (the mark of an amateur) as our picks either succed or fail