Discovery Silver Corp T.DSV

Down day

[grosso]

Why the dropp in share price today when silver price up?

[BaldSilverHead]

It's called the wall of worry. It's a good thing. 

[grosso]

You would think stock price be higher with Supreme court decision likely to toss out the new law.

[Boreas7]

The reason is very simple: shorters are taking advantage of the current uncertainty to bash the stock. Temporary.

[Boreas7]

By the way, silver is over $29 right now.

[BaldSilverHead]

My theory is holding true. China closed at 32.25 so we should see 29.25 soon. Bullion (banks) are replaced by Billion ( Chinese people) in setting the silver price. The west must reluctantly follow. This stock with the largest undeveloped silver resource on the planet will literally rocket higher. Each dollar we go higher is all profit - the cost to get it out of the ground is already priced in

[Boreas7]

Silver at $29.40 right now. $30 by the end of the day?

[spitfire191]

How do you see this playing out? if van gets thrown out, how much do we jump by? EA approval catalyst - with todays silver where does the SP go?  Production descision etc....when do we see $5, $10.  Looking at Lasondes curve we dont see big gains till production begins occurring, no?

[dimitri4729]

Are you serious?Why do you ask questions to which nobody could possibly have the answers unless they had a magical crystal ball?

[spitfire191]

Yup, I'm serious.  You don't have any idea or thought as to how this will play out??  I'm not asking for an account of the future but enjoy hearing others thoughts, sorry, I thought that was something you that these boards could be used for... For me, the silver rise will move us, but the next catalyst will be the derisking of the mine ban.  That should shoot us up 50

[BaldSilverHead]

I agree with your thoughts. Here's my viewpoint: silver price - increasing due to debt/dollar, crypto bail, supply dwindling, demand increasing / green solar, China public buying, India buying, CB buying. mine - permitting allowed, tapering of no open pit to some regulatory environmental oversite ( we already have 1 enviro permit just need one more / we are promoting water usage. Size of

[dimitri4729]

It's always the same reason.When the silver price rises too high the central banks smash it down with paper derivatives.They haven't shown the slightest interest in halting this practice.As such,it's hard to see how silver is ever going to have true price discovery.