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Bullboard - Stock Discussion Forum 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... see more

TSX:DSV - Post Discussion

Discovery Silver Corp > on Kitco: next target $37.50
View:
Post by Ironmask1 on Oct 21, 2024 3:09pm

on Kitco: next target $37.50

In short next target $37.50
December silver futures bulls have the strong overall near-term technical advantage. Prices are in an accelerating 2.5-month-old uptrend on the daily bar chart. Silver bulls' next upside price objective is closing prices above solid technical resistance at $37.50. The next downside price objective for the bears is closing prices below solid support at $32.00. First resistance is seen at today’s high of $34.485 and then at $35.00. Next support is seen at the overnight low of $33.66 and then at $33.225. Wyckoff's Market Rating: 9.0

 
Comment by mmminvest on Oct 21, 2024 8:55pm
I have a question for you: Are you buying silver, or are you investing in a stock that doesn’t produce any silver that costs $34? I just want to understand for the future.
Comment by BaldSilverHead on Oct 21, 2024 9:06pm
All the whackos are out in force. Mmmmm (invest?) what the heck do you think invest means. I, like Rule and Sprott offer money to excellent management ms with monster deposits in reasonable jurisdictions to see a several fold increase on our......invest-ment. At 1.1% of asset value youd be hard pressed to find a better place to park your hard earned money (invest). 
Comment by BaldSilverHead on Oct 21, 2024 9:24pm
Oops sorry. I misread that and thought you were talking to me sorry. 
Comment by Ironmask1 on Oct 22, 2024 7:07am
Buying physical silver is an option, but investing in silver mining shares is a profession in itself. I do both. If you are a good experienced investor then you do your homework and know that it is best to research reliable sources and not to listen to bullshit or to the paid-gurus or bashers, traders. Some earn their money by promoting stocks. Check multiple sources. Don't trust anyone. Only ...more  
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