Bullboard - Stock Discussion Forum Discovery Silver Corp T.DSV

Alternate Symbol(s): DSVSF

Metals & Mining Silver

Discovery Silver Corp. (Discovery Silver) is a Canada-based mineral exploration company focused on identifying, defining, and developing mineral deposits, primarily in Mexico. Discovery Silver’s projects include Cordero project. The Company’s Cordero project is located on the eastern edge of the Sierra Madre Occidental mountains in the northern part of the Central Mexican Silver Belt, Mexico’s... see more

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Discovery Silver Corp > How will financing take place? Dilution?

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Post by Clemxb7 on May 18, 2022 10:51am

How will financing take place? Dilution?

The only thing that worries me about this stock is the amount of dilution that will take place at these low prices. They have around 70 million $ CAD already and open pit does not have as high start up costs as a shaft mine.

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Comment by Digger0144 on May 18, 2022 1:03pm

Hey Clemxb7... Nothing to worry about...the construction decision will not come until the end of 2023...by then a conservative price for the stock will be about $3.00. Also the permitting process takes time...as they derisk the project through infill drilling and a prefeasibility study followed by a feasibility study the stock will get a rerate accordingly. There are very few silver plays like ...more

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Comment by Clemxb7 on May 18, 2022 1:59pm

Thanks for the informed info. I like this company so much I sold some of my beloved SU to buy more DSV.V today and am holding off a bit on more just yet to see where the markets end up over the next few days. DSV.V market cap = $416,000,000 CAD. Value of ore in the ground ~$21,000,000,000 @ $21 spot. At $30 spot the value of ore in the ground will be ~$45,000,000,000. These number don't ...more

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Discovery Silver Corp