[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 100 KB, 960x670, Bayhorse-Silver-FF.jpg [View same] [iqdb] [saucenao] [google]
29331454 No.29331454 [Reply] [Original]

Why is Bayhorse Silver the best investment of all time?

>> No.29331672
File: 2.31 MB, 2553x3000, 8282BC1A-0F1C-44CD-BBE4-059305EBFA13.png [View same] [iqdb] [saucenao] [google]
29331672

>>29331454
I have 70k shares. If it dips I am getting more. Goal is 100k sharks

>> No.29331771

>>29331454
SILVER UP 1%

>> No.29331890
File: 292 KB, 945x745, dr.jpg [View same] [iqdb] [saucenao] [google]
29331890

>>29331454
$20 million market cap for the opportunity to own a 1 million+ ounce silver producer, when there are only 18 silver companies in the world that can do that. Giving a serious chance of doing a 150x like the penny stocks in the 60s.

>> No.29332438

>>29331890
Should I sell physical to buy this?

>> No.29332508

>>29332438
I don't recommend going that far, because the COMEX is so close to breaking that there might be a fiat collapse or a banking crisis in the time in-between liquidating the silver and transferring the money into a brokerage. Only exception is if you could swap PSLV for BHS.

>> No.29332535

>>29332438
>Should I sell physical to buy this?
No.

Hold physical and sell whatever you can to buy miners

>> No.29332699
File: 80 KB, 755x560, G.jpg [View same] [iqdb] [saucenao] [google]
29332699

“Those bastards at the COMEX will never beat me. If they smash silver to $15, I’ll fund the company with my own money until they break. Even if it takes years. Let them play their games. Let them break first. THEN I’ll think about selling to them--for $5000 an ounce.”

Graeme O’Neill, CEO, Bayhorse Silver

>> No.29332837

PAPER SILVER GETTING SLAMMED AAAAAAAAAAH

>> No.29332856

>>29332535
Thanks, that makes sense. I've been stacking a long time now and it would suck to lose it.

>> No.29332945
File: 154 KB, 1646x1189, 31173E9C-3B2D-4174-AD13-E8E23682312E.png [View same] [iqdb] [saucenao] [google]
29332945

Bitcoin 57k and climbing every week
Silverfags OMG SILVER IS UP 0.1% TODAY BUY BUY BUY
Silver is not a fucking investment and this chart proves it

>> No.29332985

>>29332856
There are always risks involved with any one-mine producer. A mine-collapse is one example. There is a serious chance of making 100x or 1000x on Bayhorse, but it involves counterparty risk. Physical has no counterparty risk. So it's about your tolerance of risk vs reward.

>> No.29333075

>>29332945
>Bitcoin 57k and climbing every week
>Silverfags OMG SILVER IS UP 0.1% TODAY BUY BUY BUY

Think about this for a moment and question whether or not you find it strange. And if you rightly come to the conclusion that silver is manipulated, ask yourself what will happen to silver the second that breaks, and what to Bitcoin.

>> No.29333082
File: 10 KB, 275x195, bubble.jpg [View same] [iqdb] [saucenao] [google]
29333082

>>29332945
< Bitcoin

>> No.29333201

>>29333082

BTC has a 1 trillion mcap, won't have much farther to go unless people are delusional enough to think it will become money (which is impossible; it's propped up by fiat and useless as a currency). BHS mcap is only $20 million and has a serious chance of going 100 or 1000x. It's so obvious which is the better trade if you want to make great gains.

>> No.29333207

>>29332699
nice dubs. Shill me more about Bayhorse. Why Bayhorse, why not SLv or SILJ or Aurcana?

>> No.29333372

>>29333207
Aurcana is a really bad investment, look into the predatory shareholder dilution which is going on, the Ouray disaster where they cut the price by 75%, the years and years of literally no communication. Graeme of BHS funds the company with his own money and speaks to shareholders over the phone. Also, the mcap is already $250 million, BHS is only $20 million.

SLV is a scam, only buy PSLV.

SILJ is good but it probably only has about 7x potential at $50 silver, it's mid-cap and large-cap producers. Bayhorse is a genuine microcap producer and so capable of giving colossal leverage (I'm talking 100x when silver doubles).

>> No.29333436

>>29332699
Checked

>> No.29333557

>>29332699
fuckin based

>> No.29333737

This company is garbage. https://sedar.com/

>> No.29333841

>>29332699
Comex boogeyman bad, it couldn’t possibly be that supply simply outdoes demand of a junk metal. Lmfao>>29333075
Long Before comex silver was a shit investment, see the chart newfag. Crypto on the other hand is a racehorse, always has been, bet on racehorses not donkeys

>> No.29333939

>>29333737
... and JPM is going to sell paper silver down to the teens. Good luck with your $40+/oz stacks, bitchez.

>> No.29333971

>>29333737
>https://sedar.com/
Kek. you are an antishill.

>> No.29333992

>>29333737
The CEO has only ever sold shares so that he can then put all the money back into the company in private placements. PPs are how he had to fund the company unless he took out a predatory loan which he was never going to do.

>>29333841

>Long Before comex silver was a shit investment,

Silver went up 36x times in price in the 70s bull market. That's going to happen again. Inflation-adjusted ATH for silver is $1000.

The average silver penny stock went up 150x in price when silver merely doubled. What's more likely? Silver goes to $60, or BTC goes to $150 trillion?

>>29333939
Not if there's a default, which is going to happen now that we have a mass movement.

>> No.29334063

>>29333992

>Silver goes to $60, or BTC goes to $150 trillion?

(meant to say: to a $150 trillion market cap)

>> No.29334315

>>29333992
So what? 99% of junior resource co's go the private placement route.
>>29333992
>default hopium
I've heard this default crap since the '80s and it's not something I'm counting on to make money. They will change the rules and fuck over you idiots in the process.

>> No.29334332

>>29333992
you’re comparing silver penny stocks to bitcoins cap when smart money already have altcoins thatre superior and have higher beta as bitcoin is designed to go up, unlike silver. I do believe silver can hit 40 in the next 5 years though, but that’s an absolutely horrid roi with inflation what it is now.

>> No.29334498
File: 1.69 MB, 4000x3000, bubble bursting.jpg [View same] [iqdb] [saucenao] [google]
29334498

>>29334063
< Cryptofags on suicide watch

>> No.29334720

>>29334332
Kinesis Money is already just as efficient as Bitcoin Cash and it's 100% backed by allocated gold and silver (just like PSLV); all these alt-coins are irrelevant, as is Bitcoin itself. We need none of them for anything. Russia owns more gold than dollars--not more Bitcoin than dollars--none of the productive nations will take Bitcoin after the dollar dies. Unbacked crypto is a popular delusion which will perish with the dollar. I liked what Bob Moriarty had to say the other day:

"We are at peak stupidity in the general stock market, Tesla and the 4,506 variations of Bitcon. And we are told that they all have value because they are limited. All 4,506 of them are limited. Got it?

As a joke a couple of years back someone started a new variation of bitcon and name it Dogecoin. It was a joke, pronounced Doggie Coin, and better referred to as Dogecoin now worth a couple of billion dollars. It’s up 15% TODAY. What could possibly go wrong when a joke is worth $7.5 billion and goes up 15% IN ONE FRIGGING DAY? The entire market for the limited 4,506-clipto currencies is worth about $1.5 trillion dollars.

In 1720 after exiting with a nice profit, Sir Isaac Newton tossed his hat and his money back into the ring since it was so easy to make money betting on the South Sea Bubble. Everyone was doing it. What could possibly go wrong? He lost his shirt as a result when the bubble burst."

>>29334315

>I've heard this default crap since the '80s and it's not something I'm counting on to make money.

The only reason why it failed in the 80s is because the Hunts were cheated exactly like GME shareholders. Read "Hunt for Silver." The banks changed the rules so that nobody could buy silver, only sell. This time we have a mass movement, not simply one man.

https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf

>> No.29334842
File: 42 KB, 760x507, Bay.jpg [View same] [iqdb] [saucenao] [google]
29334842

>>29334720

To provide some further reasons why "this time it's different," which I've given to people here before:

-

"In previous years you didn't have negative real yields, or Weimar-Germany levels of inflation, or 40% real unemployment, or the mass lockdowns and pandemic hoax, or a silver shortage so severe that silver has pretty much disappeared from the face of the earth, or a mass movement online (wallstreetsilver now 30,000 members) with widespread information about the COMEX and how this all works, or de-dollarization to the extent that Russia now owns more gold than dollars, or the knowledge about what happened last time and hence how we can defeat the system this time in light of that knowledge, or mass hatred of the U. S. government by more than half its population and the desire to see it fall. Also, you didn't have debt and asset-bubbles so severe that even a 1.5 or 2% nominal 10-year yield can crash the system."

>> No.29334914

>>29334720
>>not simply one man
Hunt Brothers
and a bunch of elite Saudis
Q was a movement, too, right? How did that work out? You're being led into such a trap.

>> No.29334947

>>29334315
>they'll change the rules to make more physical silver

>> No.29335030

GTFO this board. /biz/ is crypto only

>> No.29335073
File: 784 KB, 1524x831, hunt.png [View same] [iqdb] [saucenao] [google]
29335073

>>29334914
The Saudis got involved right towards the end, when the Hunts decided to issue their silver-backed bonds; they weren't the ones buying up all the silver on the COMEX. Nevertheless, a few rich Arabs don't constitute a mass movement either.

>Q was a movement, too, right? How did that work out?

Q was a banker-created distraction from The Silver Bullet, just like Tesla, Bitcoin, assets in general, and every other mass-media-promoted bubble.

>> No.29335201
File: 64 KB, 618x597, pepe4.jpg [View same] [iqdb] [saucenao] [google]
29335201

>>29334914
yes yes, everything you don't like or understand is Q

>> No.29335865

>>29334720
>kinesis money is centralised trash and nothing like bitcoin which needs no third party
you’ve been wrong for over a decade and still won’t concede, sad. The charts continue to prove me right and you wrong in real time

>> No.29336110

>>29334947
>he thinks big money wants to pay storage and security to transfer and store hundreds of tons of silver when bitcoin exists. Lmfao
Silver is for the sucker / retail pleb who buys a couple of ounces and there just aren’t enough suckers for it to moon , also the bullion dealers to justify their premium continue to try and manipulate the market
There’s no suckers premium on bitcoin kids

>> No.29336402

>buys warehouse to store 100 tons of silver(88ml usd)
>secures it and hires security to monitor it
>price crabs eternally
people actually think this is viable when gold exists at 1/70th of the size to $ ratio?
Then bitcoin exists and removes all those issues

>> No.29336664
File: 60 KB, 845x925, 1611707306740.jpg [View same] [iqdb] [saucenao] [google]
29336664

>>29336402
>thinking lower supply = lower price
I honestly can't believe there are people here THIS retarded as to not understand one of the most fundamental rules of economics

>> No.29336923

>>29332945
What happens when the gubment passes a "crypto gains" tax whenever you try to convert it into US dollars to pay your rent? The rug can be pulled out at any time.

What happens when industry goes to comex to get their silver to make solar panels and they don't have any. "Sorry boys, some crypto rich fags just showed up and bought everything, said they are going to make pepe coins out of them".

I'm doing both crypto AND silver. Why do just 1? Hackers, EMP strikes, government regulation.. could pull the rug on crypto. Even if silver doesn't go up, it will always be worth something. This crypto boom has a dot-com feel to it.

>> No.29337080

>>29335865

>The charts continue to prove me right

Do you realise how insane this notion is, that price is what justifies an underlying thesis. You could appeal to price to justify any bubble in history. Look at Tesla with its 2000 PE ratio or simply look at the Everything Bubble. Stocks are trading at 30x forward earnings and house prices are at 8.5x earnings; Bitcoin is simply part and parcel with everything else that it is in a bubble. When the COMEX defaults and the dollar gets dumped, it all bursts.

>> No.29337149

>>29336110
>Silver is for the sucker / retail pleb

Explain to me then why every single MSM outlet is shilling Bitcoin, why the banks and the Bilderberg Group control Blockstream, and why the MSM is feverishly telling people to sell their silver right now.

>> No.29337181
File: 65 KB, 600x433, 1605951486437.jpg [View same] [iqdb] [saucenao] [google]
29337181

>>29336923
Pepe coins the next big thing. Get in on the ground floor. Dont get left behind!

>> No.29337391

>>29337181
I've been on the lookout for Kekistani silver. Haven't seen any pepe coins minted YET. I'd pay a little more premium for them.

>> No.29337727

>>29336664
the ability to store the physical asset matters you braindead mong, I could buy a ton of physical silver tomorrow with no consideration to the cost cause it’s not expensive, but storing it is. Hence the problem

>> No.29337798

>>29337727
>I could buy a ton of physical silver tomorrow with no consideration to the cost cause it’s not expensive

As Don Durrett has said, if somebody actually wanted to buy even 100 million ounces they wouldn't be able to find them, and that's a mere $2.5 billion market cap, about 1/400th that of Bitcoin.

>> No.29337873

>>29337149
Price moving up creates excitement anon, silver has crabbed for decades and you’re wondering why nobody is shilling it? Bullion dealers never stopped shilling it. How’s that worked out for any buyers? When bitcoin was in a bear market nobody cared about it either, cnbc spoke on it if only to laugh at it

>> No.29337963

>>29337727
You could fit about 25K in an ammo box. Heavy has hell, but doesn't take up too much space.

>> No.29338087

>>29337727
Put it out in the shed.

>> No.29338116

>>29337873
Bitcoin has almost never been in a bear market. It has intermittent crashes but the general trajectory is straight up. Why do you think that is? Answer, to distract attention from silver. The COMEX already would have defaulted without the temptation of Bitcoin. BarelySociable is right when he says that Adam Back, the head of Blockstream, is Satoshi. https://www.youtube.com/watch?v=XfcvX0P1b5g&ab_channel=BarelySociable Bitcoin is simply a ponzi scheme, it doesn't hurt the banks, no matter how high the price goes. Can't be used as a currency even if it gets to $100 trillion market cap, and we'll continue to be oppressed. The only way to defeat the banks is to buy silver, that's what they fear and try to ward away at all costs.

>> No.29338193

>>29338116

>The only way to defeat the banks is to buy silver, that's what they fear and try to ward away at all costs.

(I should have added that the reason why is that the banks are short 170 days of silver production; silver is the most shorted asset on earth. A silver short squeeze would destroy them. And why did they start shorting it in the first place? Answer, because it's real money and the real threat to the dollar.)

>> No.29338299

>>29338116
Conspiracy theories aren’t facts anon, nobody with real money will ever invest it based on qanon theories

>> No.29338319

>>29331454
Where can I buy this shit? Webull doesnt let you buy it on there (I know webull)

>> No.29338331

>>29333207
Good miner with a good claim at very reasonable prices per share.

>> No.29338417
File: 1.35 MB, 1166x2600, 2.png [View same] [iqdb] [saucenao] [google]
29338417

>>29338299
What's the conspiracy theory there? The identity of Satoshi? The circumstantial evidence in that video is so obvious and overwhelming that no candid mind could deny it. Or are you talking about the bankers' short positions, which are demonstrable?

>> No.29338500

>>29338319
Fidelity

>> No.29338512

>>29331454
What’s the correct ticker?

>> No.29338590

>>29338512

Original ticker is TSXV: BHS; in America (OTCBB) it's KXPLF, in Frankfurt 7KXN. But be careful when buying microcaps OTC, always do a currency conversion from CAD into USD or euros before putting in a bid or paying an unfair ask.

>> No.29339385

silver shills are still here rekking people? When will it stop bros

>> No.29339615

>>29339385
It's the banks who wrecked people, not the silver-advocates. But that's all coming to an end now.

>> No.29340130

>>29332985
Being a complete brokefag then I should definitely put a grand in if I can afford to lose?

>> No.29340206

>>29340130
If you're willing to lose every penny of that money, and want an excellent risk-reward opportunity and a serious chance at making 100x, yes.

>> No.29340404
File: 593 KB, 864x1984, 1B60ED0E-189D-42AC-9FB7-03A87A270DD3.jpg [View same] [iqdb] [saucenao] [google]
29340404

>>29337727
>he doesn’t tear out his dry wall and stack it in between his walls

NGMI

>> No.29341528
File: 110 KB, 598x586, CEC84BB7-31F1-4FD0-BE73-245024C30ED4.jpg [View same] [iqdb] [saucenao] [google]
29341528

>>29339615
>blocks your path
No hard feelings, kid

>> No.29341656

>>29341528
No matter how high the BTC price goes in dollar terms it will always be useful as a currency, hope you're aware of that. And then the second the minuscule supply of silver at the COMEX is run on, there's a banking crisis, the dollar gets dumped, tether collapses, the world reverts to gold and BTC goes to zero in terms of precious metals.

>> No.29341721

>>29340206
I own 12k shares. When can we actually see some real movement.

>> No.29341838

>>29341721
If you bought a few weeks ago you're already up by 60%, seems like a good gain to me? Share price will either keep creeping higher as word spreads, or we'll get a catalyst in terms of silver breaching 30% or confirmed success of production.

>> No.29341888

>>29341838

>silver breaching 30%

meant to write 30$*

>> No.29343015

Never dealt with stocks, where can I buy? Robinhood?

>> No.29343057

>>29339385
What should people buy Schlomo?

>> No.29343097

>>29343015
Fidelity, Schwab, International Brokers are three examples. You need something that will let you buy penny stocks. If you only have Robinhood you'll have to buy something like AG instead.

>> No.29343258

>>29343015
Why would anyone on this godforsaken planet still use Robinhood after the shit earlier this month?

>> No.29343558

>>29343015
Robinhood doesn't have this, use a real broker. TD Ameritrade, Schwabb, Fidelity, etc

>> No.29343654

>>29331454
Graeme O’Neill is that you?

>> No.29344192

>>29337080
>COMEX defaults and the dollar gets dumped, it all bursts.
yep. some casual observers are much smarter than the officials that run these exchanges. They will definitely let the COMEX do that. Just look the other way. What can they do? They have no mechanisms to mitigate or forecast this. I mean after all, this potential default or 'breaking of the COMEX has been building up for a quite a while. Right under all there noses. The execs of COMEX, MM's, COMEX board of directors etc Its almost as if they are in on it or dont care.

>> No.29344662
File: 879 KB, 1100x977, Graeme.png [View same] [iqdb] [saucenao] [google]
29344662

>>29343654

Graeme O'Neill is a 75-year-old man, don't think that he'd have anything to do with 4chan.

>> No.29345878
File: 65 KB, 650x650, gpl-2.jpg [View same] [iqdb] [saucenao] [google]
29345878

>>29331454
It's actually GPL (Great Panther Mining Limited). Butthorse is a smalltime operation that Pan Man from /pmg/ refers to as "cute".

>> No.29345966
File: 2.31 MB, 1134x820, 1613796313876.gif [View same] [iqdb] [saucenao] [google]
29345966

>>29344192
Why should they care? They will never be broke. There is no telling where all their money is. The probably will make money off the crash.

>> No.29346044

>>29345878
Thanks, I'll check this out.

>> No.29346099

>>29345966
the USD will be one of the last currencies to face a crisis. The COMEX has been ready to default for decades. This time its different. March 2021 will be the end.

>> No.29346624
File: 863 KB, 2410x1850, Panman.png [View same] [iqdb] [saucenao] [google]
29346624

>>29345878
Actually, no, Pan Man likes Bayhorse a lot and considers it "one of his favourite small-scale miners." But please don't go to /pmg/ and ask him about it because he's sick of talking about it. By the way, you're talking to the person who introduced GPL to /pmg/ in early 2020 and talked about it every day for months on end.

>> No.29346778

>>29346044
checked
>>29346624
based. thanks anon

>> No.29348119

I'm a buy and hold value investor (and I think the last one on Earth),this looks up my alley.

>> No.29348328

>>29348119

There's obviously risk involved but it is basically a cheap call option on silver. If you want a completely risk-free small-cap call option then get Dolly Varden, which has 44 million ounces indicated. But as a microcap _producer_ BHS is immensely more leveraged than DV. Although as a one-mine producer it does carry risks. It is however derisked to an extent, because the mine has an inferred resource of 6.5 million 21 oz/t ounces, so that will always put a floor under the share price to a certain extent as silver rises.

>> No.29349256

Where the fuck can I buy this in Canada? WealthTrade is so gay

>> No.29349393

>>29349256
Should be fairly easy in Canada since it's a Canadian company, symbol BHS on the TSX. You need a broker that allows you to buy penny stocks, gave a few examples here >>29343097