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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 Apr 14, 2023 10:03am
142 Views
Post# 35394975

RE:RE:RE:RE:No worry!

RE:RE:RE:RE:No worry!Yeah I'm curious myself whether he was behind this latest deal.  He does already have a large position including alot of warrants already.  The siliver lining ( no pun intended ) is that they didn't attach any warrants with this latest financing so it tells me demand is there for it - a good thing.  We will see what management has to say about why they needed to raise this much at this inopportune time with the sp so undervalued.  Let's hope they have good reasons like expanded drill programs on untested areas.  Can you imagine what happens to this if they discover another Cordero sized discovery with even higher grades?  If that happened this financing would be viewed in a different light in hindsight!  But if they sit on the cash and not put it to use that would certainly be bad optics imho!
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