/biz/ - Business & Finance

>>30067344
Why would bayhorse go up in price?

>>30067392
silve stocks are going to 150x if silver goes up to 40 $

>>30067392
Even if spot goes down premium is staying high. Miners are gonna realize they can get more money selling to the retail physical market. When the price of physical and paper silver fully decouples there's going to be a huge price discovery jump. Miner stocks are gonna puuuuuuuuuump

>>30067392
"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)

>>30067392
>>30067890
"1000x for BHS 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.)"

(2/2)

I get why the stock goes up with high silver but why is silver going to go that high? I’m probably putting in a grand on payday

imagine NOT having thousands of dollars invested in based horse... are some people really that financially irresponsible?

>>30068303
if they want to live in a mud hut after the financial reset, that's their business. I don't judge

>>30067974
“shadowstats”
LMFAO