/biz/ - Business & Finance

>>29987070
You know the one.

>>29893981

>>29841493
>>29841572

>>29836920
Bayhorse Silver

>>29785244
BHS

>>29773527

>>29771608

>>29721942

>Why has it been basically worthless for years if it's legit
Low silver prices, market dislocation

>>29717902
Bayhorse is pretty much derisked. Has an off-take agreement, has a working mine, is producing.

>>29717579

It's still excellent value, yes. The only danger is a short-term dump because of the recent parabolic rise, or from a general market crash. But BHS is literally the best microcap for making leveraged gains, it has a legitimate chance of going 100x at $60 silver.

>>29714721
>>29714833

>>29714238
Astute observation, makes sense considering that silver was also in the gutter

Your choice if you want to miss a potential 1000x gain

>>29691635
>If silver went to 64 dollars, are you saying BHS would go to 45 dollars?
BHS is under 0.18 CAD. Going to at least $10 at $50 silver on an objective view of future cash flow vs AISC. Not 150x but it's pretty damn good.

>>29681152
BHS
Buy the dip, buy value

>>29653606
Picture related is a basic overview. The following are some more in-depth figures, although you have to halve everything now, because when I made them the BHS market cap was $20 million and it's now about $35 million (if you buy for 0.20 CAD).

"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 BHS 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."

>>29644937

Bayhorse Silver.

>>29592227

>>29574338
KXPLF is just the OTC ticker for Bayhorse in the USA, it's the same simply on an exchange with less volume and liquidity.

>>29563058
Here's some basic DD, I have more detailed information if interested. 100x potential at $60 silver.

>>29563076
Excellent! Extending the warrants shows real confidence in the company.

>>29558931
>They will just dilute the fuck out of your money lol.

Not at all, look into it. Dilution is done. Cash flow ongoing. BHS is an amazing opportunity.

>>29541464
>I’ve heard a lot about Bayhorse Silver lately so I am highly interested in that.

Picture related

>>29541528

He's not too late, the market cap is still only $31 million.

>>29538317

>>29499277

"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 2011 Bitcoin."

(1/2)

>>29498396
Bayhorse Silver.