Discovery Silver Corp T.DSV

Wallstreetsilver Silver Squeeze

[RichBich]

Haven't seen anything here about the physical silver squeeze attempt by https://www.reddit.com/r/wallstreetsilver

If they are successful all silver mining stocks will benefit.  I already have core physical position, but will support them with purchases of PSLV.  The energy and momentum are welcome considering the long slog we have all been through.  I sure won't be selling any of my silver miners while this project is just getting started. https://i.redd.it/wxum0lo179l61.jpg  Join them to both teach and learn.  GLTA

[IgnacioCashmere]

There was a pop up less than a week after that became public knowledge, & it quickly evaporated. I bought VIZSF on a Thursday for $1.195 & by mid morning Monday it was $1.37 on pure speculation. I wasn't following DSVMF at the time but all junior silver miners benefitted from this Reddit movement for a few days. The problem with their philosophy is they are not fighting the dragon

[RichBich]

Agreed IgnacioCashmere.  The group is just under 40,000 strong but growing.  They are laser focused purchasing physical silver, but also PSLV to get larger volumes off the market without the high premiums.  In the last month PSLV has purchased 30million oz silver and their daily trading volume is up 5X. Also, Sprott Physical Silver Trust $PSLV files a new shelf offering

[Straite]

In the end, if people buy retail physical silver, it's fine. The company that produces/sell that silver has to get it from somewhere. Those that manufacture the silver eagles will be the ones buying on the futures market and requiring physical delivery. In the end, silver gets off the market, its just easier/more accessible for smaller investors to buy retail than buying 5000oz = $300k or

[RichBich]

Exactly STRAITE.  For myself, I positioned in DSV and then moved into PSLV in support of the wallstreetsilver cause.  PSLV allows moving physical off the market without the high premiums.  If a physical silver squeeze works it should be good for all silver mining shares.  The group has been opening up some discussion into miners, but so far 90% of it is focused on FR.