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Discovery Silver Corp T.DSV

Alternate Symbol(s):  DSVSF

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

Bullboard Posts
Comment by Heywood_Silverson Sep 16, 2020 10:50pm
357 Views
Post# 31572528

RE:RE:RE:Additional Context Especially on this intercept - AuEq

RE:RE:RE:Additional Context Especially on this intercept - AuEqI think a general rule of thumb is expect a 50% boost above the % increase in the price of the metal.  So, when silver increases 10% to $30 expect DSV to be trading over $2 USD.

$50 silver would put us at least at $4.50 USD.  That being said, as the % increases ever higher the momentum will feed upon itself, so I would personally expect well over $5 once we touch $50 for the third time.

Tack on a 50% premium if we are talking a buyout........so, we could easily be talking $8 or higher in a $50 silver environment if suitors are kicking the tires.
Bullboard Posts