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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 cbewon Mar 19, 2022 3:19pm
244 Views
Post# 34528582

RE:RE:RE:Should be trading much higher than in mid - Jan

RE:RE:RE:Should be trading much higher than in mid - JanWill the Fed be able to raise rates 5-7 times?  My feeling is that they will raise maybe 1 or 2 times more as token raises of 1/4 points each time before the markets and the economy begins to tank and they reverse course.  There are alot of forward indicators indicating the economy is slowing.  Just this week the 10 - 5 yr yield spread on US treasuries went briefly negative and the 10-2 yr spread has come off from 50 to 20 basis points just since Jan.  If it inverts that is a sure sign a recession is coming.  Consumer sentiment is at rock bottom levels comparable to where it was during the pandemic and mortage applications have been steadily dropping for months now indicating a housing  crash is coming.  Consumers are being hit hard with rising costs from food, energy, and now rising interest rates.  The Fed is tightening at exactly the wrong time and that is what the bond market is telling us.  Gold and silver are also telling us that inflation is here to stay and the Fed will not be able to stop it.  We haven't seen anything yet for what is coming in price rises for the PMs imho.  Hold on and sit tight with your DSV and other PM stocks!
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