/biz/ - Business & Finance

>>29423743
Redpill me

>>29423743
Can Europoors buy?

real silver chads buy first majestic silver

my broker rejected my limit order and wont let me buy at market value so wtf

>>29424332
Both.

>>29423856
bayhorse shill's post
>>29408116

>>29424489
The market is closed you autist

>>29424000
7KXN in Frankfurt.....

>>29423743
what is make it stack? What is suicide stack?

>>29425116
i meant this afternoon and also friday afternoon...

>>29425480
30k shares make it

Suicide is sub 10kshares

>t. 70k shares

>>29423856

From /pmg/

"Can objectively go 100x at $60 silver and 1000x at $1000 silver on the basis of a simple calculation of future cash-flow, AISC $10 1.3 million ounces per annum and a x30 cash flow valuation. There's no other opportunity like it because you can actually demonstrate mathematically with Bayhorse that it will behave like the silver stocks of the '60s, which went up 150x when silver doubled."

>>29424332
AG is a good stock for people who can't buy penny stocks and will definitely go 10x at $60 silver but only a microcap producer like Bayhorse can go 100x.

>>29425945
5k is the suicide stack because that's what you needed to collect silver bar dividends

>>29426232
>5k is the suicide stack because that's what you needed to collect silver bar dividends
My boipoochi will howl if I can get silver bar divedens. Will have somewhere where the ups drivers aren’t niggers though.

>>29423743
does bayhorse even have any producing properties

>>29423743
I have 1k butthorse shares. Will I make it?

Where do I buy penny stocks?

>>29426425
Yes, the Bayhorse Mine is producing 100,000 silver ounces right now for Ocean, one of the largest concentrate-dealers in the world. The $2.5 million collected from the deal will allow it to scale up to 1.3 million silver ounces per annum.

-

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

"Bayhorse is pleased to announce that it has executed a Definitive Offtake Agreement with Ocean Partners UK Limited, ("Ocean") for the sale of silver/copper concentrate from its Bayhorse Silver Mine in Oregon, USA.

The initial offtake agreement is for the delivery and sale of 300 metric tons or 15 full container loads of silver/copper concentrate that is being produced from the Company's Bayhorse Silver Mine. Among other conditions, Ocean has the right of first refusal to a 12 month contract extension after completion of the delivery of the first 300 metric tons of silver/copper concentrate.

Jay Hemenway, Senior Trader in charge of By-Products, Precious and Minor Metals (USA) for Ocean states, "We are pleased to partner with Bayhorse and look forward to a long-term relationship as Bayhorse further develops its silver mining operations.""

>>29426296
To move*

>>29426539

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

>>29426232
>>29426511
Need atleast 5k shares for divitendies

>>29424818
I honestly might throw 1k at it tomorrow. I'm getting GME vibes

How to buy in the UK?

>>29424489
Its OTC and brokers won't let you market buy bc you'll just buy the fucking orderbook up and over pay like a retard(like you were about to do)

>>29426998
Degiro is one example of a broker you can use although there's an annoying 7 euro fee for buying or selling and you also have to be really careful to do a currency conversion from CAD to euros and make sure you bid a fair price or pay a fair ask.

>>29426970
BHS is a little different from GME because it's a deeply-undervalued value-investment rather than a short squeeze but very similar in the sense that the crowd is obviously getting ready to flood in and buy and hold.

FIDELITY HAS 0 FEE ON BASICALLY ALL OTC TRADES. YOU JUST NEED TO READ SOME "RISK STATEMENT" OR SOME SHIT THAT SAYS PENNY STONKS ARE RISKY AND THEY'LL LET YOU TRADE. FIDELITY OP

>>29427302
Yeah I get that, what I mean is that I remember biz shilling GME in January 2020, and now I've seen BHS shilled a few times. I'll listen to biz this time

>Bayhorse shills btfo by 1 list
>Make sure you diversify and dont put it all on 1 racing horse.

Majors
>Newmont Goldcorp
>Teck Resources
>Rio Tinto
>Southern Copper
>Newcrest Mining

Silver Producers
>First Majestic Silver Corp
>Pan American Silver Corp
>Endeavour Silver Corp
>Hecla Mining
>Silver Standard Resources
>Impact Silver Corp
>Coeur Mining Inc.
>Gatos Silver
>Fortuna Silver Mines Inc
>Great Panther Mining

Other Producers
>Newgold Inc
>Centerra Gold
>Pure Gold Mining

Developers
>Alexco Resources
>Bayhorse Silver Inc.
>Aurcana Silver Corp
>Braveheart Resources
>MAG Silver Corp
>Ascot Resources

Explorers/Early Developers (PEA/FS stage)
>VanGold Mining
>Lion One Metals
>Rockhaven Resources
>Skeena Resources
>Kore Mining
>Discovery Metals
>Moneta Porcupine Mines

Explorers (resource estimate stage)
>Nighthawk Gold
>Blue Lagoon Resources
>Dolly Varden Silver
>Fireweed Zinc
>Blue Moon Zinc
>Fabled Silver Gold Corp
>Galway Metals
>Canada Nickel Company

Explorers (no modern resource estimate)
>Scottie Resources
>Eskay Mining
>Irving Resources
>Tocvan Ventures
>Silver Spruce Resources
>Blackrock Gold

Silver Trusts
>Sprott Physical Silver Trust

Where to buy from europe?

>>29426998
I have interactive brokers, will wire a grand over there tomorrow

>>29427628
Degiro is one example but see >>29427228

>>29427624

>>Make sure you diversify and dont put it all on 1 racing horse.

Nobody said this, but you won't find a better risk-reward opportunity than BHS. There is no other microcap silver company like it, a near-term producer with 4 PhD geologists and a top-tier property rated like a junk explorer.

>>29426680
source?

>>29427728

"@Newton a PhD geologist on ceo.ca wrote: "DORÉ DIVIDENDS? Sure, why not.

$BHS did a "PP WARRANT IN PHYSICAL SILVER"? Pretty epic. Also, they used EXISTING SHAREHOLDER EXEMPTION. That is best practice in Canadian jr mining finance today."

It was called the Silver Option, 5000 shares per 25 ounces of silver, details are here: https://ceo.ca/@newsfile/bayhorse-amends-terms-of-7500000-unit-non-brokered

The CEO wants to pay a dividend of some kind in future, won't necessarily be silver bars but it's promising that he actually has promised to do so before."

basedhorse is like chainlink but in the stock market

>>29424332
Source?

>>29424332
my stock folio is 50/50 AG and BHS

>tfw hold both bayhorse and physical

>>29427863

>>29428065
kek

>broker doesnt sell penny stocks for my own protection
>still waiting for new broker's funds to clear

>>29427572
Have to be careful because these mining stocks are extremely volatile, but a rising silver price will support any momentum upwards indefinitely.

>>29425945
3500 EUR to make it?
5400 CAD?

really?

>>29428316
people have made it off mooning penny stocks for much less

>>29426025
if all this is true, why is bayhorse trading at such a low multiple currently

>>29428449
>>29428316

Picture related.

>>29428466

When I first made that infographic, it was a $12 million mcap. Now it's $30 million. You could have asked the same question weeks ago. Nothing in my thesis has changed. It was pure market dislocation, ignorance, lack of exposure, and low sentiment from years of non-production in a silver bear market.

>>29428466
Also, I could give you dozens of excellent miners which are trading at gutter valuations. Kinross is a multi-billion dollar company paying a large dividend and yet it has a PE ratio of 8. GDXJ is still considerably down from the high, we're still in the stealth phase for miners. What happened to BHS is only a taste of what's coming.

>>29423743
10,150 shares checking in

>>29426680
How do we collect them?

>>29428846
Presumably you could simply ship the doré bars in the same way that bullion details ship their products or First Majestic sells its bars and coins.

we're in a time when everyone is stuck at home trying to invest rather than spend, and eventually people are going to realize mining stocks are the next big thing that few people have gotten in on yet. and basedhorse is going to lead the charge. i'm really excited for this.

>>29428314
Price has kind of bottomed and the volume is insane. Looks really really good

>>29428924
Yes. GME taught people about short-squeezing with respect to silver, which has got attention on silver stocks. And more people can buy penny stocks now after people ditched Robinhood for better brokers, and also from trying to short-squeeze penny stocks. Meanwhile everything else is in the most colossal bubble in history while miners and metals are the sole assets left which are undervalued. And yet penny miners also offer far greater gains even than 2011 Bitcoin. >>29428495

>>29426025
Gotta respect the man's Stetson. Bullish

>>29428557
>
I bought today anon. Your infographic is God Tier , it doesn't matter if you buy tomorrow or next week. Just make sure to get the fuck in here goys. Or don't , broke bitch.

Barrick
First Majestic
PSLV
BayHorse

>>29429124
>ditched Robinhood
Fidelity is good for Bayhorse, no fees. TD Ameritrade charges $6.95 to buy or sell it

>>29429251
One of the good things about BHS is that the CEO has a very distinctive appearance.

>>29429276
Really hope that it works out for you.

>>29429359
Thanks, same to you anon. Do you have another undervalued silver miner that you're hiding?

>>29429486
I'd have told you BLLG this morning but it just shot up 22%. Viscount Mining is still deeply undervalued as is Irving Resources, solitary reason why they haven't gone up much yet is that neither of them has "gold" or "silver" in the name.

>>29429486
>undervalued silver miner
I have a Gold one that should at least double around April/May when the PEA is released, Galleon Gold. Sprott owns 24% and it's flying under the radar

realistic price predictions anons? 100x does seem doable, that would be like 15 USD. but 1000x hmm that would be nuts

>>29430134
1000x 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.

These calculations were done for a $20 million mcap and BHS is now trading at $30 million but even so they're not too far off:

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.)

In the '60s silver bull market, Coeur Mining did actually go 1000x when silver merely doubled.

(According to ShadowStats, $960 was actually the true inflation-adjusted ATH for silver, in 1980, so it's perfectly possible to see it again.)

>>29430447
very interesting. thanks for putting the price formula with cash flow based on silver price. i was missing exactly how that worked

>>29430626
You're welcome, I got it from Don Durrett. I highly recommend his Youtube videos and articles. 10x is more conservative than 30x but 30x is perfectly possible.

£UFO Alien Metals is underrated

>>29430447
Noice, I'm in for $1k, collecting my $100k when the horse hits $10

>>29430447
Based

>>29430447
Silver might explode even higher. Crypto is eating up some of the monetary demand, but industrial demand has expanded with the green energy meme. Historically gold has match the dow and silver has been 1/12th of gold.

>>29431797
>Historically gold has match the dow and silver has been 1/12th of gold.
its decoupling

>>29426970
Difference is BHS has actual value. Look at the premiums paid on silver right now compared to spot and inventory.

Nooooo not again nonono NO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>29428495

I'm up 96x on orion protocol so I guess I can use some of the dividends to start pumping BHS

Horse thread is based

>>29432513
kek

this is my last hope if this goes down. im going down with it.

>>29433029
It's a much more rational hope than any crypto.

>>29433386
i'll wait for a dip to buy in. i hate buying the top.

>>29433490
It might crash but equally it might just keep going up especially now that /biz/ is getting behind it. $30 million mcap is still dirt cheap, 1x near cash flow. But if you want to buy something at rock bottom go for Irving Resources or Viscount Mining instead.

>>29423743
picked up 5k last week with some lunch money I had laying around, even though the fag shilling it was being obnoxious as fuck about it and making it seem off putting. Does seem like a solid play though and at least I can say I have some exposure to silver now kek

>>29435348
Shilling Bayhorse is a sort of /pmg/ meme in and of itself, it started because there were some people in /pmg/ who really hated Bayhorse, and a number of us would keep shilling it in response to set them off. That's why I shilled it so relentlessly in /smg/, in the same sort of spirit. Also, you can't deny that it worked, it got much-deserved attention to the stock and made it soar. And it's not as if I was simply repeating a stock ticker, the post was a rational DD post for those who actually chose to pay attention to it.

>>29435747
(IP is now changed by the way, I'm still 9GyleP6n.)