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Discovery Silver Corp DSVSF


Primary Symbol: T.DSV

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 BaldSilverHeadon Oct 18, 2024 8:35pm
255 Views
Post# 36272667

Is the risk worth it?

Is the risk worth it?According to the current Mexican Government guidelines DSV will get their permit. At 33.70$US an ounce of silver all 1.2 Billion ounces of Silver is profitable. At 400 M shares that's roughly 3 ounces of Silver per share. Now subtracting 13$US for extraction we end up with $20 per ounce times 3 or 60$ US per share at 0.78$US per share that's 1.3% valuation. Is that worth the risk? Well for me it is, especially in light of the world debt, global demand, and lack of supply. It's not really rocket science, but I think it will have rocket performance. I do own shares!!!
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