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 > Fair value of DSV is CAD 28.74 as per SimplyWallSt

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Comment by Heywood_Silverson Feb 08, 2022 6:14pm

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Post# 34410558

RE:RE:RE:RE:RE:RE:Fair value of DSV is CAD 28.74 as per SimplyWallSt

Using current valuations, yes, $3 would make sense. That being said, my rule of thumb for comparing ounces in the ground is that 50 million ounces silver = 1 million ounces of gold because in the future we will revert much closer to the historical 20:1 or thereabouts.

In 2011 the silver : gold ratio got into the 30s, so I like my 50:1 as an average.

Using my methodology, it would be about $4 per ounce. Cordero has 1 billion equivalent ounces in the ground, so we are talking around $4 billion? Fully diluted shares outstanding of 378 million, this gives us over $10 a share, which is what I've been saying.......

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