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Bullboard - Stock Discussion Forum 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... see more

TSX:DSV - Post Discussion

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Post by grosso on Sep 10, 2021 9:14pm

dropping

WOW! share price is getting hammered.  I understand markets have not bin the greatist the past couple weeks, but ouch! this is not good.Siver price has bin holding steady at $23 to $24 range, we have a great property, drill results have bin good to date, lots of money in till and no debt. What am i missing here?
Comment by cbew on Sep 11, 2021 10:35am
Could be  just a nervous investor or a few but you're right shouldn't have dropped so much.  IMHO this is extremely oversold now compared to the rest of the sector.  We are getting close to an updated RE which looks to be fantastic judging by all the past drill results.  This can't and won't stay down at these levels long imho.  I'm buying as much as I ...more  
Comment by OneDayRodders on Sep 11, 2021 1:55pm
Plenty technical analysts saying a brief spell around $18-19 this year before moving on up again early 2022. What price DSV with Silver at $18 ?
Comment by grosso on Sep 11, 2021 8:56pm
A lot off analysts have bin saying that for months now, i really dont seeing that happening especially if gold starts to inch higher. Couple analysts i follow saying gold is ready for another break out soon and that should be good for silver as well. I am planning to call the company on Monday to see if there has bin any material events thats causing share price to fall like this. I hope this sell ...more  
Comment by cbew on Sep 12, 2021 12:41pm
Alot of the analysts are wrong half the time!  I stopped following them years ago.  What you really need to watch is what the Fed is going to do.  Powell indicated in the last meeting that they need to see steady gains in employment for them to even consider tapering.  Last months employment report has put that to rest.  No taper for the foreseeable future.  If the ...more  
Comment by grosso on Sep 12, 2021 2:08pm
I agree with you cbew!. If market keeps driffting lower because off job numbers and Covid cases keep rising daily the fed will keep printing money, like you say we can see a major sling shot upwards in gold in siler prices. 
Comment by cbew on Sep 12, 2021 2:46pm
LOL We are in the minority Grosso!  Sentiment in metals is at rock bottom.  This is the time to load up before everyone realizes the Fed is trapped and will NOT taper or raise interest rates.  In fact I predict ( and this is a bold prediction ) that the Fed will have to increase QE before year end!!!  Why you ask?  Well if you havn't notice.  all government ...more  
Comment by cbew on Sep 12, 2021 2:53pm
Oppps meant to say unemployment going up not down.  More layoffs coming.
Comment by IgnacioCashmere on Sep 17, 2021 6:43pm
My local Walmart now has 2 loss prevention agents at each entrance/exit, thats how bad the shoplifting has become. Idk if people are stealing food or tools but there is a segment of society that is flat broke & stealing. Meanwhile, you can't travel 100 yards in this town without seeing help wanted signs. My big concern is China. When Evergrande goes under, possibly Tuesday, they will take ...more  
Comment by OneDayRodders on Sep 28, 2021 6:53am
Silver weakening again, and as per my last message, I tend to agree with the now, majority chartists calls for sub $20 silver before year end.  Silver is now below it's 12 month low and nothing by way of support until $18-$19. That's a long way with respect to DSV SP in my opinion. I think many are waiting for a bottom and some thought that was yesterda, but for me it's less than ...more  
Comment by frances1 on Sep 29, 2021 3:59pm
Nothing makes sense or adds up Debt = no problem according to the FED (not in todays world) Debt to GDP of 130% = Banana republic...if it didnt start with USA Debt Ceiling = real problem if it is not raised, cuz cant pay their bills?  If you cant pay your bills how do people have faith in the dollar? Seems to me that debt is a real problem unless you can print money like crazy. And that ...more  
Comment by peasoupfog on Sep 29, 2021 8:02pm
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