/biz/ - Business & Finance

>>30439307

HELLO HAVE BLESSED AFTERNOON AND EVENING FRENS

>>30369616
I'm big on the BHS train but 450k to 1.050m is a really damn loose production spread, to be honest. Still, 450k is nothing to scoff at, and they'll start drilling further down the Bayhorse mine and as long as cashflow comes in to fund their other project, we've got a winner on hand.

Thank you to all the FUDers for giving us amazing entry prices for months.

>>30214530

>>30121283
I'M PANNING OUT FOR A HERO 'TILL THE END OF THE SHIFT
HE'S GOTTA BE STRONG, AND HE'S GOTTA BE FAST
AND THE HAT STAYS ON DOWN THE LIFT

I NEED A HERO

I'M DIGGING OUT FOR A HERO DOWN THE DEPTH OF THE MINE
HE'S GOTTA BE SMART, HIS OUNCES IN TOW
SHAFTING THE COMEX IS MORE THAN FINE

>>30066625

>>30065850
I only FOMO into winners which include
>Bayhorse
>Bayhorse
and
>Bayhorse

>>30039968
They're getting cash flow as we speak, this is the asymmetric moment where you buy in before the company gets fully re-rated as a producer (it has already half happened with the recent surge in price).

https://ceo.ca/@newsfile/bayhorse-silver-executes-formal-offtake-agreement-with

>>30020274
42k with an average of 0.084c, feels good.


>>30020491
Doubt it will drop 50% and if it does I'm buying 100k more shares and making BHS 1/3 of my portfolio. But correction towards 0.11-12 USD is likely.

>>30001953
>So I need at least 5000 shares?

Unknown, the number of 5000 shares is simply the only benchmark we have.

>And we're looking at Q3 before bayhorse explodes in value?

According to its value Bayhorse should already be multiple times higher. Surge in price can come any day as it already did come from people recognising the value of a microcap producer which can do 2 million ounces a-year and yet which is rated at a $30 million market cap.

>>29990906
>Bayhorse

>>29971349

BHS/KXPLF
HERE WE GO LADS

>>29756583
SILJ -7% but the Basedhorse continues to hold

>>29716393
You're a true silver chad

>>29688651
BHS

>>29683628

Trust me, you can't argue with the fundamentals. Here's the BHS DD I did for a $20 million mcap, it's now $30 million so slightly less true but still shows what a remarkable opportunity BHS is:

"1000x for Bayhorse is pretty simple to demonstrate. Don Durrett says that that it is common for miners to trade at a 30x cash-flow valuation in miner bull markets. This can be the case even for one-mine producers. 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.

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; present market cap $20 million.)

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.)

In the '60s silver bull market, Coeur Mining did actually go 1000x when silver merely doubled. And according to ShadowStats, $960 was actually the true inflation-adjusted ATH for silver, in 1980, so it's perfectly possible to see it again."

>>29676878
BHS is down today anon, ride the Basedhorse with us.

>>29654038
See the figures here >>29653789 if silver goes 2x, you make 50x in Bayhorse. If silver goes 40x like the 70s bull market then you make 1000x.

>>29640036

Basedhorse just got rated as having the highest-grade project among any silver explorer or developer.

https://twitter.com/cmcmetals/status/1364262029549305862/photo/1

>>29633646


>>29630216
Fucking based.

>>29593066
Checked and horsepilled

>>29589842
Silver is high; miners will rise.
Also thats a man.

>>29585901
>End the Fed
Bullish for Bayhorse