Discovery Silver Corp T.DSV

Why the downward pressure??

[spitfire191]

I get summer doldrums but silvers up a bit....

[HavingFun]

waiting on FED interest rate decision next week....everything drifting sideways or down...but DSV is trying to scare people out of their shares.  in my opinion.

[cbew]

DSV is trying to scare people out of their shares.  Exactly my thoughts LOL.  We are testing the lows set in Sept of last year.  You know there are alot stops just below those lows of .88 cents so traders are hunting for those stops.   Don't let them stop you out!  We have the goods here.  Management did a boat load of financing at 1.20 so downside is very

[MoneyK]

Hope this holds around $0.75 or else it might go back to $0.30. MoneyK

[grosso]

I talked to Forbes just after they did private placement at a 1.20. He said everything is going well, he did say they were trying to secure water rights for project. But this past couple weeks our share price is getting killed. Silver prices our not the greatest but man this is not good. Be nice if they would put some kind off news release out to shareholders regarding share price. Has any one

[cbew]

Imho, I don't think it is anything company specific to DSV that is affecting the sp.  In the last few months many junior silver miners and explorers have been on a downtrend.  Look at the charts of First Majestic (FR), Fortuna Silver ( FVI ), Vzla Silver ( VZLA ), Endeavour Silver ( EDR ) - all down some by as much as 30 -40%.    Imho, this could be because the market is

[HavingFun]

I think the TA guys picked 0.75  as a bottom.  I watch what they say but i am not a TA guy because I think the stock market is manipulated first and foremost.  To that end, everything is down.  you could have got PAAS sub 20.00.  FR sub 7.50, SVM sub 3.80.  all of these pay a dividend.  just hold your breath and hang on.

[HavingFun]

Oh, and play your own game.  I'm not the guy to give or take financial advice from :)

[porc2019]

All of the companies you mention have assets in mexico. The reason for the massive selloff it the mexican government passing a draconian law in regards to the mining industry.  The likelyhood of an open pit being permitted by the party in power is very low. 

[HavingFun]

thank you.  I would have thought this had better press given the impact on so many.  I am only positive at the number of shares that have traded hands.  for everything sold there has to be a buyer.  but will see what happens on Monday.