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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

Post by porc2019on Aug 21, 2024 9:25am
123 Views
Post# 36189506

Permits are a huge issue, dont let anyone fool you re that

Permits are a huge issue, dont let anyone fool you re thatThe fact that the share price is trading at a minimum 70% (2 cad) maybe even 80% discount (3 cad) to where it would if permits where no issue, tells you the real story and how big of a problem this actually is (contrary to what shameless pumpers like Baldsilverhead want to make you believe). If you read the IR response (see ceo.ca) you would think dsv is trading at a 10% discount. The problem is that A) There have been no new open pit permits issued in many years. B) The new initiative is going forward with the consent of Sheinbaum C) They only need 3 votes, hard to imagine them not getting those 3 votes/ opposition not buckling. D) Even if there is not an outright ban for new open pits, the compromise will be very bad, for example 50% gov owned or similar nonsense.
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