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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 > This has been impacting our share price and investment
View:
Post by GoneBroke on Feb 16, 2024 3:58pm

This has been impacting our share price and investment

I've been wondering why our share price has been so compromised lately , but now I understand why ..       Mexican mining sector balks at plan to ban open-pit mines (link is external)
Comment by cbew on Feb 17, 2024 11:43am
That was a proposal that was made last year but there has been no official ban on open pit mines.  Imho it won't pass as Mexico would be shooting themselves in the foot if they did such a stupid thing and its unlikely to pass as the article points out as they need 2/3 majority of Congress to pass it.  2.5% of Mexico's GDP derives from mining as the article points out.  Major ...more  
Comment by GoneBroke on Feb 17, 2024 1:02pm
I do agree with you 100%  I only hope that it won't slow or delay our permit process  I look to May as the timing  for the FED to begin to talk about reversing it's stance on rates > shifting the momentum  in sentiment to the gold and silver arena ( other geo-political factors may also dictate / alter a positive upside to sentiment )  > yes  a little ...more  
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