Discovery Silver Corp T.DSV

Questions

[Donwaan]

Have there been any offers made to buyout DSV that were not accepted or made public by management? Is it actively being 'shopped,' now or is taking Cordero to production the order of the day?

[Heywood_Silvers]

Cordero is slated to crank out a feasibility study by end of the year.  Next year would be the official decision to proceed with mining at Cordero.  At this juncture, a bankable FS will allow Discovery to entertain the idea of a debt & equity combo to finance the capex. That being said, chances are that they will likely sell out to the highest bidder.  We know that management

[Donwaan]

Thank you Heywood_Silvers for the well thought out answer! I have been here since the early Levon days but get antsy sometimes while waiting.

[IgnacioCashmere]

Everything is always for sale in junior mining. Management of all firms are constantly speaking with peers & numbers get tossed around. We never see or hear of this, which is good, & makes earnest talks more productive. Majors want juniors to do all the heavy lifting of derisking & then step in with a lowball offer where they can't lose.  Look at what mines in development sell