Bayhorse Silver Inc V.BHS

News Release on SEDAR

[HurricaneAmanda]

I found the news release on SEDAR. Another dilution: 10 million shares + warramts to raise $400K. They also claim they've been in talks to process other companies' production at the mill. The idea of processing of their own ore remains elusive.

[Tinhos]

Amanda, as you seem to be closer to the stuff that is going on at Bayhorse than many of us. What do you think about the fact that the General Meeting was PREPONED to September. How does that make sense if there is nothing further to report? It is all speculation but maybe you have an answer to this? Thanks

[HurricaneAmanda]

No, I don't think i'm any closer to this than anybody else, and I have no idea why the AGM is scheduled when it is. I also have no idea what stars have to align before this company begins to actually turn its metal resources into income. I understand that silver is currently around $18.50 an ounce, but they also weren't processing it three months ago when it was $26. I don't see

[Tinhos]

Thanks for your reply. I have lost the track when the Fruitland processing site did not go into operation after it was finally permitted. BHS must have planned a certain throughput with a mill and the optimisation of all the process refining steps to get out the concentrate they need for the Ocean deal. That must have been a big effort. After this did not happen, the story did not make sense

[Tinhos]

.... and before my speculation gets weaponized to prove that it is all GO's fault, I woud like to clarify:  It might also be that the concentrate can well be produced at cost, but that leach process can provide better recovery at lower costs. I read about the compound and it seems to be environmemtally friendly. Might be possible in Oregon. Together with the high grade ore, that could

[wanderer9641]

Far cheaper to leach than to ship and pay smelters plus other fees. We want profit, not just meet expenses. Thinking costs of ore is $100 a ton which is basically the value of copper or antimony.  Trucking is now a pocketbook killer.