RE:RE:Oh my!! What happened here with DSV?????The last time I I totally agree with CBEW's accessment of this situation. I'm curious as to how long this has hung over Discovery because on the technical chart, DSV hit a double top at 2,80 CAD in 2021 and has been driven down to 60c at the end of 2023 when it did a double bottom. That's when I seriously started to watch for a postion in this. It made a great move to 1.30 and then was gound for months on "no news" and then this. (If this is all about paying people off, the management of all of the mine projects, including DSV, should have put this issue to rest after the election.) The crazy action in the share price basically says to investors, this is not a reasonable investment.
Longer term it should have been tracking silver. If this nonsense wasn't going on the share price would be pushing 2CAD by now with silver at 29 bucks.
RE: silver long term chart. Between 29USD and 32.50 is a key trading zone. Last time it broke 32.50 it went to 50USD years ago. And silver and gold will most likely benefit from dropping int rates as well as we move into the fall.
For the people who had such a huge position... why would you sell off everything in one day like that? That's a really amateur move. If you think the worst scenario is going to happen, you still have over a month to sell out. It makes no sense causing such a drop with silver showing such strength.