Discovery Silver Corp T.DSV

SA Article

[chintzy]

Fresh article on DSV by Don Durrett highlighting crazy leverage to Ag price.

 https://seekingalpha.com/article/4613898-discovery-silver-silver-project-in-mexico-advancing-long-term-story?mailingid=31917580&messageid=2850&serial=31917580.1392&utm_campaign=rta-author-article&utm_medium=email&utm_source=seeking_alpha&utm_term=31917580.1392

[Dutchdoctor]

Can somebody copy this article for everybody? Seems interesting!  

[cbew]

Discovery Silver: Silver Project In Mexico Advancing Long-Term Story Jun. 27, 2023 12:27 PM ETDiscovery Silver Corp. (DSV:CA), DSVSF8 Comments6 Likes Don Durrett 5.09K Followers Follow Summary Discovery Silver is advancing a large silver project in Mexico, with potential for significant upside if silver prices rise above $50.

[cbew]

Introduction Discovery Silver (OTCQX:DSVSF) has been advancing a massive silver project in Mexico for several years. Development projects always are high risk because so many things can go wrong before reaching first pour. And then, once they reach first pour, they still need to hit their production and cost targets, along with a much higher silver price. Long-term development plays are

[cbew]

Sorry guys copy and paste doesn't seem to work here.  Article is basically very positive on DSV and projects possible target of 7.5B market cap if Ag prices rise to $75/oz over the next few years!   That would be $17.85 US/sh assuming no further dilution.  Also mentions that this is a high risk/ high reward play and much does depend on future direction of Ag prices. 

[chintzy]

The numbers are just insane with 30 million oz.s projected production, exactly how insane to be determined by the wild card of the Ag price of course but even with Ag a modest $10 above AISC that is FCF of 300 million USD/year and the market cap is $325 million CAD right now. Plug-in $50 to $100 Ag and you think your calculator is messing with you. If Ag gets up toward $100 for example so that

[Heywood_Silvers]

Speaking of management, if we go back about 4 years to the Levon/Discovery merger, Discovery had a few marginal exploration projects and bought us Levon shareholders out in the merger.  Fast forward to today and the Discovery exploration projects have all been abandoned or written off, meaning, there is literally NOTHING (save maybe one or two remaining managers) left of the original

[Donwaan]

Well said , Ron is applauding and I fully concur as well!