Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 IgnacioCashmereon Jul 31, 2023 10:50am
194 Views
Post# 35564677

RE:Questions

RE:QuestionsEverything is always for sale in junior mining. Management of all firms are constantly speaking with peers & numbers get tossed around. We never see or hear of this, which is good, & makes earnest talks more productive. Majors want juniors to do all the heavy lifting of derisking & then step in with a lowball offer where they can't lose.  Look at what mines in development sell for, often 1 penny on the dollar of future profits. The big dreams rarely come true because there is incredible risk spread out over decades of uncertain prices of revenue & costs. We also don't know whom owes a debt to whom, & pays it by selling out super cheap.  Happens every day on Pender. Or who will get rewarded with a cherry board position in the future by selling out dirt cheap. There is a reason juniors are crowded on Pender, with every CEO & manager scratching others backs in return for future favors.  We don't see real offers that were cooking & got zapped. We don't know if a major has a keen interest or is only interested if the price is a deep discount. Majors always want the better side of a deal. Retail investors are the last to get paid. A deal that pays off the Sprotts well might shaft retail. There is so much metal at Cordero, someone is bound to buy it. But after all permits are in hand, FS is finished, & the economic metrics are a mortal lock. It is the job of management to solicit, entertain, & negotiate a deal.  We just can't do anymore than read tea leaves.
<< Previous
Bullboard Posts
Next >>