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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 Digger0144on May 18, 2022 1:03pm
183 Views
Post# 34692780

RE:How will financing take place? Dilution?

RE:How will financing take place? Dilution?Hey Clemxb7...

Nothing to worry about...the construction decision will not come until the end of 2023...by then a conservative price for the stock will be about $3.00.

Also the permitting process takes time...as they derisk the project through infill drilling and a prefeasibility study followed by a feasibility study the stock will get a rerate accordingly.

There are very few silver plays like this one...located in a very mine friendly country namely Mexico.

As for financing the project it would be fair to say that the ratio would be 70% debt...30% equity.  They may lean toward a silver stream to cut down on the debt...I do not think that they will have to go in that direction..the project is that good.

Regards,
Digger0144


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