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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

Comment by Heywood_Silverson Dec 20, 2021 9:09pm
250 Views
Post# 34248950

RE:Buyout Coming

RE:Buyout ComingMy thoughts on a buyout?  Well, the short list of suitors would include First Majestic, Pan Am, Fresnillo or Coeur.

As far as DSV being too expensive for any of the above, remember that $$ is rarely exchanged in M&A activity, rather shares are swapped.  Similar to the central banks which can print funny money out of thin air, acquiring companies merely print up new shares as their currency in any exchange.  Ergo, none of the majors are precluded from any future tire kicking on the Cordero project.

Agreed that we don't want this to play out in the near term, rather we want our share price in excess of $10 before Taj even thinks about thinking about divesting the Cordero project.
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