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Bayhorse Silver Inc. (TSXV: BHS)(the “Company” or “Bayhorse“) reports that, subject to TSX-V Exchange approval, it is conducting a non-brokered private placement of up to 1,500,000 Units at $0.10 per Unit for gross proceeds of up to $150,000 and a US$5,000 12% Convertible Debenture Unit financing for total proceeds of US$500,000.
Vancouver, British Columbia–(Newsfile Corp. – June 6, 2018) – Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse”) has achieved near total silver recovery (NTSR) from the recent two stage leaching test program conducted for the Company by Richard Hammen, Ph.D. Chemistry, on its Bayhorse Silver Mine, Oregon, USA. The Company is in the process of establishing the effectiveness of the processing method at commercial levels of production.
I spoke to Bayhorse Silver (V.BHS) CEO Graeme O’Neill (pictured above) as he was getting ready to fly down to Oregon to spend time at the Bayhorse Silver mine over the weekend. It’s a frequent trip. Vancouver to Boise Idaho and then an hour or two driving to get to the mine site on the Oregon side of the Snake River.
Vancouver, British Columbia–(Newsfile Corp. – May 22, 2018) – Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse“) updates its progress on the Bayhorse Silver Mine in Oregon, USA.
The British Columbia Securities Commission required Bayhorse Silver (V.BHS) to clarify “its technical disclosure”. The company did so and in a May 10 Press Release stated,
Vancouver, British Columbia–(Newsfile Corp. – May 1, 2018) – Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse”) has extended the new main production haulage drift at the Bayhorse Mine from the Mine portal over 700 feet to nearly the most westerly end of the historic mine workings. A crosscut I drift has been extended into the historic Big Dog Zone from the haulage way, where in 1984, Silver King Mines reported mining 5,718 tons grading an average 16.7 oz/t silver using a 6 oz/t silver cut-off grade.
How can an investor find a company which has real potential but is trading at a knock down price?
Two articles about silver over at Zero Hedge caught our eye.
Good article over at InvestorIntel about the implications of a potential bull market in silver for Golden Arrow Resources’ impending production at its Chinchillas project in Argentina.
The name “Argentina” comes from the Latin term “argentum”, which means silver. For AbraPlata (V.ABRA) the silver (and a good deal of gold) is found at the Diablillos property, which contains a Ag-Au epithermal deposit called Oculto, located in the far south of a province called Salta located in the northwestern part of the country.