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Discovery Corp Enterprises Inc V.DCY

Discovery-Corp Enterprises Inc. is a Canada-based exploration stage company engaged in exploration for base and precious metals. The Company is focused on exploration of gold and copper properties. The Company holds an undivided 50% interest in the mineral rights associated with Rock Creek Ranch located in Humboldt County, Nevada, United States. Its Galaxy property is located in the Kamloops Mining Division in southern British Columbia, Canada. The property is comprised of two Crown granted mineral claims and seven two-post legacy mineral claims that cover an area of approximately 90 hectares. The legacy claims are 100% owned by the Company. The property is located approximately seven kilometers southeast of the past-producing Afton mine and four kilometers northwest of the former Ajax mine. The Rock Creek Ranch property lies on a southwestward projection of the Getchell trend, which hosts the Pinson, Turquoise Ridge, and Twin Creeks gold mines in the Osgood Mountains.


TSXV:DCY - Post by User

Post by Georgeboy11on Oct 29, 2011 11:06am
182 Views
Post# 19192473

One juicy tech info here..

One juicy tech info here..if you looked at how v. GM was trading before New Gold bought them out last month, you're going to almost see a similar pattern here with DCY!!  GM was trading in the .09 - .105 range for months on end and then it broke this trend and started making a move to .15 when at that time, New Gold bought them out in mid Oct.
So, for DCY, we've been trading in the .05 - .065 for months  and then it broke the .07 just a few days ago with solid buying at this point on. New Gold's Afton mine is 3 miles or less from the Galaxy property.  So, this is indeed looking like a mirror image of New Gold's take over of GM! George  BTW, New Gold has property right alongside GM's up north somewhere.
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