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Defiance Silver Corp V.DEF

Alternate Symbol(s):  DNCVF

Defiance Silver Corp. is a Canada-based exploration company advancing the district-scale Zacatecas project, located in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacan state, Mexico. The Zacatecas project includes land package of approximately 4,300 hectares. The Zacatecas project areas include San Acacio, Lucita, Panuco, and Lagartos, located in the state of Zacatecas in north-central Mexico. The project lies in close proximity or on trend to several of the largest silver producers Zacatecas state including: the polymetallic Cozamin mine operated by Capstone Mining Corp and the Fresnillo silver mine operated by Fresnillo Plc. The Company owns 100% of the Tepal Project, which covers approximately 2,076.5 hectares. The Tepal project is located in the state of Michoacan, near the border of Jalisco in Western, Mexico. The Company also has an option to acquire 100% interest in San Acacio property located in the Zacatecas district.


TSXV:DEF - Post by User

Bullboard Posts
Post by Buckfinderon Sep 19, 2020 2:04am
232 Views
Post# 31586397

Capstone mining and defiance sharply higher...

Capstone mining and defiance sharply higher...

... in the last weeks or so and have shown tremendous relative strength against the sector...
COINCIDENCE? 

I think No - there mining fields are side by side ... altough an silver rich region capstone found a lot of copper and are continuously upgrading the copper resources - copper now at 3.10 and the copper stocks at the LME have hit a new 5y low.
Tepal is a gold/copper play and the price of copper plays an important role in increasing the NPV further above 400m !!! Compare NPV to the actual market cap ... ???? !!!! Yes Crazy ....

so all lights are green! Defiance must be over 1 cdn right now to be priced near anything of being logic...
Takeover from capstone our neighbour? Why not....makes sense too 

glta 

Bullboard Posts