Dolly Varden Silver Corp DOLLF

Bob Moriarty's "Top Picks in Silver"

[MarketMakerss]

Impacted by the uncertainty of current events, precious metals have been seeing recent downturns and Analyst Bob Moriarty, founder of 321 Gold and 321 Energy, sees this downtrend as an opportunity for investors to increase their holdings:

"The gold shares and silver shares are absurdly cheap. I think that's a very good thing. I am counter-cyclical to the market. I like the markets going down. It's a good thing because it allows me to add positions."

 

As detailed to Streetwise Reports, Moriarty highlights Dolly Varden Silver (DV.v DOLLF) as a top silver opportunity for investors, deeming it a "slam dunk safe project" with "enormous potential for the future": https://www.streetwisereports.com/article/2024/01/23/bob-moriarty-highlights-top-picks-in-silver.html

 

Providing significant potential to swing upwards and net higher profits for investors, DV has great volatility and "substantial trading volume" with a number of catalysts incoming, including plans to test exploration targets on the Kitsault Valley trend.

 

Currently, DV is developing its 100% held Kitsault Valley Project, a large, high-grade and pure silver project consolidating the Dolly Varden and Homestake Ridge to span 163 square km in BC's Golden Triangle.

 

When acquired in 2022, Homestake Ridge had "about million ounces of gold, mainly in the inferred category, and about 18 million ounces of silver all in the inferred category”, however, DV has since expanded both the width and extent of the resource having drilled 23 holes and 12,150m of in target priority zones during 2023: https://www.streetwisereports.com/article/2024/01/22/silver-co-reveals-extraordinary-drill-results-from-golden-triangle.html

 

Strong Investor Support

Notably, strategic investors, including Fury Gold Mines and Hecla Mining own over 40% of the company with institutional investors, including Fidelity Management and Sprott Asset Management, owning almost 13%

 

Boasting strategic investments from Hecla Mining and Eric Sprott, the quality of DV's management and project is clear with a number of catalysts expected in the near future.

 

Growing from a $20M market cap to a $200M in last 3 years, DV has raised $65M from a range of top mining investors and 50% of the company is held by institutional miners including America's largest silver producer, Hecla Mining, as one of their top shareholders.

 

Despite having grown its market cap by 10x and increased its share price by 300%, DV considers itself only 15% of the way through its journey at Kitsault due to the amount of prospectively and new discoveries remaining.

 

For more information on DV's Kitsault Valley Project in the Golden Triangle, check out "Reawakening of Past Treasures: Our Journey": https://youtu.be/3oaY-bJ-dRg?si=v6b73u-iWhVB__EH

 

Posted on Behalf of Dolly Varden Silver Corp