/biz/ - Business & Finance

1) Bayhorse Silver has an mcap of only $20 million.

2) Bayhorse Silver is about to produce 1.3 million ounces of silver a year.

3) It only costs the company $10 to produce an ounce.

4) This means that cash flow would be well over $50 million at $50 silver.

5) In miner bull markets it's common for companies to trade at 30x cash flow.

6)This means that Bayhorse can potentially get a 2 billion mcap at $50 silver and go up _100x_ in price.

"The average silver penny stock went up 150 times when the price of silver doubled.” -- Doug Casey, Crisis Investing

What happens to Bayhorse Silver at $100 silver? $200? $1000, where silver should be?

>>28428144

1) Bayhorse Silver has an mcap of only $20 million.

2) Bayhorse Silver is about to produce 1.3 million ounces of silver a year.

3) It only costs Bayhorse silver $10 to produce an ounce.

4) This means that cash flow would be well over $50 million at $50 silver.

5) In miner bull markets it's common for companies to trade at 30x cash flow.

6)This means that Bayhorse can potentially get a 2 billion mcap at $50 silver and go up _100x_ in price.

"The average silver penny stock went up 150 times when the price of silver doubled.” -- Doug Casey, Crisis Investing

>>28425562

People who aren't invested in silver stocks are going to miss the greatest opportunity of the 21st century. Bayhorse Silver is undoubtedly the best risk-reward opportunity among them. Mcap is only $20 million but it's about to produce 1.3 million ounces of silver a year at only $10 cost to produce an ounce. That means that cash flow would be well over $50 million at $50 silver; in miner bull markets it's common for companies to trade at 30x cash flow, so Bayhorse can potentially get a 2 billion mcap at $50 silver and go up _100x_ in price. Does that sound impossible? It's not. Doug Casey says that “the average silver penny stock went up 150 times when the price of silver doubled.” Now imagine what Bayhorse would do at $100 silver? $200? $1000, which is where silver deserves to be? Mining stocks sometimes go up thousands of times in silver bull markets.