Discovery Silver Corp T.DSV

Alternate Symbol(s): DSVSF

Metals & Mining Silver

Discovery Silver Corp. is a precious metals company engaged in the acquisition, development and operation of assets. The Company’s flagship asset is its 100%-owned Cordero project, an undeveloped silver deposit, which is located close to infrastructure in a mining belt in Chihuahua State, Mexico. The key targets being evaluated include La Perla (10 kilometers (km) south of Cordero), Dos Mil Diez (immediately southwest of Cordero) and Porfido Norte (10 km north of Cordero).

TSX:DSV - Post by User

Discovery Silver Corp

Bullboard Posts

Comment by PetroLoonie1on Jul 27, 2020 7:38pm

211 Views

Post# 31327631

RE:Silver spot price just broke $25 USD

Article by Chris Vermeulen who now has a upside target of $28 and $32.50 beyond that.

https://www.kitco.com/commentaries/2020-07-27/Precious-metals-fire-warning-shot-across-the-bow-part-II.html?utm_campaign=While+in+is+not+the+best+of+time+for+some%2C+it+is+the+worst+of+times+for+many&utm_content=Kitco+News%3A+Daily+Recap&utm_medium=email&utm_source=kitco

SILVER WEEKLY CHART

Our next upside price targets in Silver are near $28 (a full 24%+ higher than current price levels).

These measured price moves act as a stair-step process for the price to consolidate/base, begin a moderate upside move, peak, then repeat the process all over again.

Beyond the $28 price target level, the next measured move target is $32.50.

If Silver reaches the $28 or $32.50 level, you can assume fear is very present in the global markets and Gold should already be trading above $2100 (or higher).

The combination of Gold and Silver moving higher in unison should be a very clear warning that global traders don't trust the current valuation levels of the global stock markets.