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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

Discovery Silver Corp > How will financing take place? Dilution?
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Post by Clemxb7 on May 18, 2022 10:51am

How will financing take place? Dilution?

The only thing that worries me about this stock is the amount of dilution that will take place at these low prices. They have around 70 million $ CAD already and open pit does not have as high start up costs as a shaft mine.
Comment by Digger0144 on May 18, 2022 1:03pm
Hey Clemxb7... Nothing to worry about...the construction decision will not come until the end of 2023...by then a conservative price for the stock will be about $3.00. Also the permitting process takes time...as they derisk the project through infill drilling and a prefeasibility study followed by a feasibility study the stock will get a rerate accordingly. There are very few silver plays like ...more  
Comment by Clemxb7 on May 18, 2022 1:59pm
Thanks for the informed info. I like this company so much I sold some of my beloved SU to buy more DSV.V today and am holding off a bit on more just yet to see where the markets end up over the next few days. DSV.V market cap = $416,000,000 CAD. Value of ore in the ground ~$21,000,000,000 @ $21 spot. At $30 spot the value of ore in the ground will be ~$45,000,000,000. These number don't ...more  
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