Discovery Silver Corp T.DSV

I'm back in

[Rainyday]

I made a nice profit in 2020 selling out between $2.25 & $2.50.
I'm back in and very bullish on gold, the gold/silver ratio (currently ~85, expecting ~65) and this company. While I agree this would be a logical company for a big precious metals company to acquire (or attempt to) I would be shocked if the price were anywhere south of $2.50.

[Boreas7]

I would be shocked if the price were anywhere south of $22.50.  ;-)

[BaldSilverHead]

So using 1.2 B Ag eq dived by .420M fully diluted shares you get about 2.85 ounces of silver per share. So take $0.68 USD and divide by 2.85 ounces to arrive at the magical number of roughly 24 cents.  For less than a quarter ( and there's loads of them under the Taco Bell order window on the ground) you get an ounce of Discovery silver. So it should be $2.50 now (10 bagger) so yeah I

[Boreas7]

Yep. And let's remember that in the corporate presentation, all figures are for $22 silver. At only $24 silver, DSV's economic resource pit almost doubles. (And we're currently at around $27 right now.) So we don’t need $50+ silver to get rich here.

[Heywood_Silvers]

We migt not need $50+ silver........but we are going to get it at some not too distant point. Giddyup!!

[Boreas7]

Yep.

[Boreas7]

I mean "indeed". https://goldsilver.com/blog/the-silver-breakout-off-to-48-triple-digits/