New Found Gold Corp V.NFG

Discovery Silver

[GGGsOldFriend]

I apologize in advance for posting about another company.  I promise not to make a habit of it.  I think Discovery Silver is going to be a big money maker at some point.  Like NFG, I don’t view it as a trade.  I began buying it 3 years ago and still have every share I ever purchased.  I’m providing a link to their most recent drill results released today.  These results are from an area outside of the existing resource estimate which is already 910M ounces measured and indicated and another 140M ounces inferred.  The second link is to some information about the resource. Thanks for indulging me.  
 
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2171-tsx-venture/dsv/118581-discovery-intercepts-328-g-t-ageq-over-46-m-outside-current-resource-at-cordero.html?utm_source=newsletter_1332&utm_medium=email&utm_campaign=junior-mining-brief-for-date-b-j-y
 
https://discoverysilver.com/projects/cordero/resource/

[Retiredgeo]

Here's the problem with silver:  It takes ~80 ozs of silver to equal the value of one oz of gold.  At 31g/troy oz that is ~2400 g Ag/t = 1 oz Au/t.  These silver numbers sound impressive but unless they are in the thousands they are not!  328 g Ag/t is not an impressive number!  Such numbers scam ignorant and gullible investors.  CAUTION IS ADVISED!

[GGGsOldFriend]

It's a billion ounce, high margin, resource with a 16 year mine life already.  Did you look at anything other than today's PR?  Just curious.  You're the retired geologist so if you think I'm misplacing my confidence here, I'd really like to understand why, for my own sake.  Many thanks for your input.

[Retiredgeo]

My comment was on silver numbers.  The international standard is gold equivalent.  Silver miners don't like Au equivalent because Ag numbers are far more impressive! The deposit is just another Mexican silver deposit.  They are dime a dozen.  I do not follow it.

[TheGreekGoldGuy]

Retired Geo, give my good friend a break. You know whenever Eric Sprott owns 20% of a company, it's worth taking a look at. What is so shabby about Discovery Silver only having $25 billion in silver alraedy?  The Greek here, this one is worth keeping an eye on. Silver is seriously undervalued. 

[likeike]

....in the end we are all concerned       as the silver cord be snapped or the golden bowl be broken... in the end. IKE

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[megacopper]

    Discovery Silver symbol DSV is definitely worth owning. They have a world class silver deposit worth billions. Why do investors like Eric Sprott invest large amounts of money in companies like NFG, DSV and now recently in HYMC? Because if you have a personal net worth of billions and you want to multiply it you want to invest that money in very rich valuable deposits with