Discovery Silver Corp DSVSF

Is the risk worth it?

[BaldSilverHead]

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!!!

[mmminvest]

It sounds amazing! But can you guarantee 100%? Give me your assurances and I'm on board. How can you do that?

[Ironmask1]

Well for me it is. Tony is one of the few I trust with my money. A kind of Mark Brennan (Largo Resource where I got in at an average of .50 and got out at 21(currently cert.v). Great Mangement Great jurisdiction cashed up and so on... GLTA and do your DD  https://mexicobusiness.news/mining/news/chihuahua-mining-outlook-first-look-mmf-2024-pdac Despite ongoing challenges, Chihuahua remains

[BaldSilverHead]

Nothing in life is 100% guaranteed. If youre waiting on that you shouldn't speculate / invest. 

[BaldSilverHead]

Here watch this for a common sense approach to speculating. He specifically addresses Mexico.  https://m.youtube.com/watch?v=dP9LYB57FWo

[dimitri4729]

It'll be interesting when a major makes an offer.I know in the past management has claimed that negotiations will began at CN$10.00.I have no idea if that is realistic or just pie in the sky.It does seem awfully high.Once we are permitted i don't believe it will take long for competing bids to start flowing in.Seriously,what major wouldn't want to get its hands on this monster deposit