/biz/ - Business & Finance

>>30230140

"We also learn, from Don Durrett, that that it is common for miners to trade at a 30x cash-flow valuation in miner bull markets. I have found that this can be the case even for one-mine producers. If I am not mistaken, Starcore International Mines, a one-mine producer in Mexico which is similar to Bayhorse, did actually trade at a 30x cash-flow valuation in the ’01 to ’11 miner bull market.

Bearing in mind everything that I have said, to what price might Bayhorse attain for somebody who buys it now, for a minuscule $20-million market cap?

It is generally agreed that Bayhorse can produce 1.3 million silver ounces per annum. At an AISC of $10, this means that Bayhorse could conceivably go 100x at $60 silver. In other words, a $1000 investment would become $100,000.

[1.3 million x 60 – 10 (50) = $65 million cash flow, x 30 = about a $2 billion market cap.)

Extrapolating from here is easy:

At $120 silver, Bayhorse can go 200x.
At $240 silver, Bayhorse can go 400x.
At $480 silver, Bayhorse can go 800x.
At $960 silver, Bayhorse can go 1,600x.

(This last figure means that a $1000 investment would turn into $1.6 million.)

(Most people would be happy with making the 100x at $60 silver. But believe me, $960 silver is not necessarily impossible. According to ShadowStats, $966 was actually the true inflation-adjusted ATH for silver, in 1980.)"

(2/2)

>>29783113

When we predicted it before, there was no mass movement or even popular knowledge of what a short squeeze is. There's going to be constant buying-pressure from WallStreetSilver and silversqueeze from now on and it's growing every day. If the default doesn't happen in March then it _will_ happen. It's a mathematical certainty that if you have trillions of dollars in parabolic inflation and only a few tens of billions of $ of silver lying about to buy, those dollars will chase it and cause a default sooner or later.

>>29771030

Having some warrants outstanding isn't a concern for me, no. This isn't a boomer stock, this is an ultra-high risk-reward stock which will give you 100s of times gains in a silver bull market, just like the penny stocks of the 60s. The warrants are irrelevant to that and won't stop it.

>>29759062
Bayhorse investors have strong nerves.

Convert to islam

Buy bayhorse

Have white babies

>>29721512

I have nothing to do with "CLF Chad," not sure how many times I have to say this to the few people who are confused. I post intelligent DD in appropriate threads, I don't mindlessly spam "buy my stock, buy my stock" in every single thread.

>>29717774

There are only 18 silver companies in the world that produce more than 1 million ounces a year, and BHS is about to do that. Most of those companies have mcaps 5-10x higher than BHS so BHS is extremely unique in being such a powerful near-term producer _and_ a microcap. That's why it offers such powerful leverage.

>>29690368

Not sure that I understand your question but there was a time when the average wage in silver was 1/10th of an ounce and silver bought you 30x more wheat, oil, real estate etc. than it does right now. That's what I call silver going to $966 an ounce in real terms (as it did in 1980 before the Hunts were crushed unfairly on the COMEX).

>>29684036

Silver went 36x in the 1980 bull market, to about $960 in real terms. >>29683091 That is completely reasonable to expect again. Bayhorse's market cap and cash flow would correspond, that's a mathematical certainty. And even if they didn't, the CEO would just keep producing silver and shipping silver bars as dividends straight to his shareholders.

>>29583246

BHS if you're willing to take the risk of buying this straight line upwards, otherwise buy these and be willing to exercise some patience:

Irving Resources
Blue Lagoon Resources
Viscount Mining

>>29582545

Yes, it only costs BHS $10 to produce an ounce and they can scale up 1.3 million ounces per annum. So do the calculations for current silver, $27 - 10 = 17, 17 x 1.3 million = 22 million cash flow. So even at current silver prices BHS isn't even at 2x near-term cash flow. I'm also not taking into account the copper.

>>29564052

No it isn't, do a GSR 1:14 (present GSR is about 1:70) and a DGR 1:1 (present DGR is about 1:16) like 1980 and you'll get $960 silver today. It's going to happen.

>>29564073
Hope that you succeed with them anon.

>>29546874

There are some stocks that aren't dumping, you know.

>>29519063
AG - safer, 10x potential at $60 silver
BHS - risk of black swans but 100x potential at $60 silver

>>29488880
Shilling Bayhorse 7 days a week would be really obnoxious. I'm content with 5.

>>29484979

We either choose silver and beat them or we let them impose a tyrannical regime on us.

>>29484263
Thanks for the additional point.

>>29484620
Buy BHS to give yourself a true value-stock which isn't correlated with the mainstream overvalued 30x forward-earnings market.

>>29473838

“You COMEX bastards. You miserable banker bastards! Do you think you can beat me? Smash the paper price all you want. Smash silver to $14, $15. My ore’s so high-grade that I could sell it at $10 silver, but do you think I will? No, I’ll keep every damn ounce—I’ll supply you with nothing. No—I’ll do more than that. I’ll mine the ounces, and send them directly to my shareholders instead!”

—Graeme O’Neill, President and CEO, Bayhorse Silver

>>29426539

Penny-stock brokers. Schwab, Fidelity, International Brokers, Degiro, etc.

>>29402434

Did you know that the average penny silver stock went up 150 times in price, when the price of silver merely doubled? Think about that for a moment. The AVERAGE penny silver stock—I'm not talking about one or two stocks here—the AVERAGE one—went up 150 TIMES—when silver merely DOUBLED. One company, Coeur d'Alene, even went up 1000x! Does this sound unbelievable to you? Well, trust me, it’s really true. It happened between 1962 and 1968, and similar things have taken place in subsequent silver bull markets. The data is common knowledge among academics, and is right there to read in Doug Casey’s 1980 classic economics book “Crisis Investing.”

Bayhorse Silver (TSXV: BHS; OTCBB: KXPLF; FSE: 7KXN) is one of the only penny silver stocks which can DEMONSTRABLY go 100x from here at $60 silver. This is on the basis of imminent production (1.3 million ounces per year) and future cash flow (cost per ounce as low as $7) at a 30x cash-flow valuation, vs present market cap, which is minuscule—only $20 million! At $60 silver, you could turn a $1000 investment into $100,000. At $1000 silver, Bayhorse might go 2000x—you could turn $1000 into $2 million!

$60 silver is obviously inevitable. But what’s more, the COMEX is going to break, imminently. 20-day deliveries of 10.4 million from 02/19/21 are the highest amount ever over the past 20 years. If that breakage happens, silver could go anywhere, from $500 to $5000. Where is the price of Bayhorse then? Don’t miss the opportunity of a lifetime in BHS! We’re still at rock bottom, and, without exaggeration, this investment might be bigger than 2010 Bitcoin.

>>29390737
>>29390899
By the way, you _think_ BHS is being pumped everywhere but it really isn't. I've been posting about it on 4chan these past few weeks and made some posts on SH, that's it. Nobody else is pumping it. It's still basically unnoticed, it's not even in GV's silver sitfolio.

>>29387385

“Those bastards at the COMEX will never beat me. Never. If they smash silver to $15? I’ll fund the company with my own money until they break. Even if it takes years. Let them play their games. Let them break first. Let them suffer. THEN I’ll think about selling to them--for $5000 an ounce. And if they don't pay it? I'll just ship the silver bars straight to my shareholders instead.”

-- Graeme O'Neill, CEO of Bayhorse Silver

>>29385810
If BHS goes over $1 (and it might do that soon enough) it will be able to get listed on the NYSE.

>>29382845
No need for me to shill BHS like the usual stock on /smg/. Drip-feeding in little bits and pieces. Fundamentals are so good that all I have to do is keep repeating them clearly again and again.