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Bullboard - Stock Discussion Forum Discovery Silver Corp T.DSV

Alternate Symbol(s):  DSVSF

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

TSX:DSV - Post Discussion

Discovery Silver Corp > 10 reasons to buy DSV now.
View:
Post by Dutchdoctor on Nov 12, 2023 12:09pm

10 reasons to buy DSV now.

1. DSV is one of the three largest unexplored silver mines in the world and the largest in the Western Hemisphere.

2. DSV is the biggest investment of Mr. Silver = Mr. Eric Sprott with nearly 90 M. shares, current value of CA$ 53 M. This is 22.62% of the total ownership in DSV.

3. Ten of the largest and most important investment funds worldwide have invested in DSV. Under which Jupiter Fund Management Plc (11.25% = 44,5 M. shares), Van Eck Associates Corporation (3.64% = 8.5 M. shares), ETF Managers Group LLC (2.04% = 8 M. shares), Mirae Asset Global Investments Co., Ltd. (1.93% = 7.6 M. shares), ASA Gold and Precious Metals Limited (1.81% = 7.1 M. shares),  Konwave AG (1.41% = 5,6 M. shares), Ninepoint Partners LP (1.02% = 4 M. shares), Universal Investment GmbH (0.92% = 3.6 M. shares), Amati Global Investors Ltd. (0.51% = 2 M. shares) and Dolefin SA (0.51% = 2 M. shares).

4. Those investment funds have highly specialized analysts and after thorough research the four largest of them have decided in recent months of this year to invest tens of percent extra in DSV. That varied between 10.44% and even 56.23%.

5. Mr. Eric Sprott personally ensured that one of the most experienced and highly successful managers in the field of silver mines, Anthony Makuch, was appointed to manage the transition to a well-functioning and successful mine.

6. Last April, Mr. Makuch purchased a total of 1 million DSV shares with his own money at a price of CA$1.20.

7. All preparations, exploratory drilling, important contacts with local authorities and social reports are still on schedule.

8. Given the enormous silver shortages that have already arisen, but which will undoubtedly increase much further in coming years, there will be several large companies in the field of automotive, solar panels, electronics, defense or perhaps a combination thereof, which have no choice but to buy its own silver mine. DSV is one of the most coveted objects for this purpose.

9. DSV's finances are also in good order with a total shareholder equity of CA$133.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$149.2M and CA$15.7M respectively.

10. The expectations for a price target for 1 year from now are very positive. And are therefore one of the highest of all precious metal mines: 1y Target Est for DSV is between CA$ 3.00 = 400% increase of Yahoo Finance and CA$ 2.67 = 352% increase of SimplyWallSt. The Fair Price of DSV when looking at its future cash flows is estimated by SimplyWallStr at CA$ 14.88 based on a minelife of 15 years.

Comment by spitfire191 on Nov 13, 2023 8:32pm
Why is the sp so low given all these reasons in your opinion?
Comment by Dutchdoctor on Nov 13, 2023 11:06pm
The only reason I can think of is that day traders with huge amounts of money are destroying regular trading in DSV.