/biz/ - Business & Finance

>>29671537
Bayhorse Silver. Buy the dip.

>>29666519

Keep riding the Basedhorse, anons. SILJ -3%, paper silver -1% and we just had a massive run-up. Market cap is still $30 million which is _ridiculously_ cheap, less than 2x imminent cash flow. Fundamentals haven't changed, I'll repeat them here again:

(I did this BHS DD for a $20 million market cap and it's now nearly double, so you have to halve all the figures now because it's getting towards $40 million):

"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."

>>29642715

Take the silver-stock pill, anon. Ride the BASEDHORSE.

>>29593017

>>29566095
BHS, anon. Do you really need to ask? >>29563438

>>29563453
Silver: Bayhorse Silver
Gold: Genesis Metals

>>29541139

Penny silver stocks went 150x when silver doubled. Real value *and* crypto-like gains. Dump your crypto and ride the Basedhorse anons.