Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by Clemxb7on Dec 16, 2021 9:59am
366 Views
Post# 34236391

DSV is a takeout target high or low Silver price

DSV is a takeout target high or low Silver priceNow we know DSV has the goods. That means the majors have thier eyes on Discovery.

If Silver sells off from here ironically that may enhance the chance of being bought out. A major shark might love the idea of picking up DSV on the cheap. That would be the smart move and people at the majors know if Silver goes sub $20 that would be the time to lo-ball this amazing asset. A lo-ball offer would still require a hefty premium to the share price at the time.

On the other hand if Silver goes to $40 or plus the takeout price would be much much higher because of the torque DSV has to Silver price.

So I am saying DSV is sort of in a win win situation. Either way Discovery does have a lot of obvious value here at these low prices (both Silver and share).


<< Previous
Bullboard Posts
Next >>