Discovery Silver Corp T.DSV

Big Shake out Prior to Important FOMC meeting next week

[cbew]

Well the big plunge in Gold and Silver is happening.  This always happens prior to FOMC meetings.  The big banks are scaring the weak hands by running the stops.  Started last night on the overnight session on Comex.  Don't get fooled by their antics.  This plunge sets the pms for a big move up imho.  Always happens.  Wait and see.

[grosso]

Hey cbew, how low you think we go? I bought some more at $1.40 range today. I talked to company couple days ago and they say everything is going as planned and we will get RE in November sometime......they sound very excited. Hope next week there is a turn around in silver prices. GLTA

[cbew]

Did you mean PEA in Nov and RE before end of Sept the 3rd qtr?  That would be the 4th qtr for PEA as they've stated in their prior releases.  Its hard to say if DSV has hit its low but imho we could have hit the low today.  Once DSV broke the low of 1.40 that was set around Nov of last year that triggered alot of stop losses.  This to me looks like a downside flush and

[grosso]

Yes PEA in November and RE before end of Sept. Sorry for confusion. I was also thinking there must have bin alot of stop losses, as soon as i bought at 1.40 share price just dropped so fast. But i see after market price was back at 1.36 and 1.37 range. The fellow who i was talking to at the company also said Eric Sprott still holds 25 percent .......was happy about that. I guess next week we see