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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 chuck8on Jun 09, 2022 8:04pm
223 Views
Post# 34745672

RE:RE:RE:Games played here-

RE:RE:RE:Games played here-Frewil11, you're right about the price of silver limiting the share price of all silver stocks. How much of silver price is free market (but that's just paper price) and how much is manipulation is anyone's guess. Here is an interesting article on BOA being supposedly short 800M ounces: https://www.butlerresearch.com/december-29-2021-more-serious-than-i-thought/
The fact that DSV has most of its product as open pit helps reduce extraction cost. I can't recall the nimber that Taj had indicated as profitable for the DSV situation but it was somewhere in around mid-teens....anybody recall? Tony Makuch did wonders with extracting the maximum very low grade gold at the Detour mine so he may most likely have innovative ideas on how to increase profits. With all the hype about the necessity of decreasing reliance on fossil fuels and increase in solar and EV cars one should expect silver will play a major role. But you're right, silver price will certainly determine sp. Aside from any manipulation, I don't find any product that I buy these days costing me less than last year, so I don't expect silver will be a low price bargain much longer. 
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