Bullboard - Stock Discussion Forum Discovery Silver Corp T.DSV

Alternate Symbol(s): DSVSF

Metals & Mining Silver

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

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Discovery Silver Corp > Is there now more chance of a takeover?

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Post by Dutchdoctor on Apr 04, 2024 3:59am

Is there now more chance of a takeover?

I read here and there that with the higher prices for silver, there will also be more interest in buying junior miners. Should we therefore be afraid that DSV will be sold quickly?

I don't think so myself. In addition to the large mining companies, of course many companies in electronics, EV cars, solar cells and especially in weapons will certainly be very interested in Discovery Silver for their specific purposes.

But we have a strong management in Tony and his team (with Eric Sprott as a major shareholder in the background), who can very well calculate and demonstrate the potential immense underlying value of DSV.

If a really interested party comes along, they will only want to continue talking if a very hefty price tag does not immediately deter the potential buyer.

Especially now that the major turnaround in the price of silver is taking shape, they will certainly keep their backs straight, because a direct sale is simply not financially necessary.

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