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 not one or two here; the AVERAGE one—went up 150 TIMES in price. A few stocks even went up 1000x! Does this sound unbelievable? Well, trust me, it’s true. It happened between 1962 and 1968, and similar things took 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 silver stocks which can DEMONSTRABLY go 100x from here at $50 silver. This is on the basis of imminent production (1.3 million ounces each year) and future free cash flow (cost per ounce only $7-$10) vs present market cap, which is minuscule—only $20 million! At $50 silver, you could turn $1000 into $100,000! At $800 silver, Bayhorse might go 2000x—you could turn $1000 into $2 million!
The COMEX is going to break, imminently. 400 million ounces are up for delivery in only a few days. If that happens, silver could go anywhere from $1000 to $5000. Where is the price of Bayhorse then? Up 20% two days ago, up 10% yesterday when all other silver stocks were dumping, up 10% today—people know what’s coming. Don’t miss the opportunity of a lifetime in BHS!