Discovery Silver Corp T.DSV

Summary

[Boreas7]

As they say, at the end of the day, reality matters. Mexico, like any other country, needs mining, open pit or not.

Sheinbaum is much more pro-environment than AMLO, and silver is an essential component of her green agenda. They (Sheinbaum and her Morena party) wanted to keep their all-green-no-open-pit stance before the election to help their cause.

But now that they’re in power (and apparently for a very, very long time since they want to amend the constitution to allow politicians to get more than one term), they'll most probably be more open (pun intended) to open pit mining, simply because they need it. Which means there WILL be open pit mining in Mexico (most probably), but with (much) more stringent rules.

DSV is the cream of the crop of (future) silver producers. Not only regarding its fundamentals, but also and most importantly about ESG. Indeed, it was awarded the Socially Responsible Enterprise (ESR) distinction (ranked in top 10%) and the Quality Environmental Certification by PROFEPA. DSV is demonstrating that it knows how to do things properly in every way.

So with unparalleled fundamentals (great management, huge resource, top-notch financials, etc.) and a rock-solid ESG philosophy, DSV is no doubt the kind of company Sheinbaum and co will want at the top of their (short) list of chosen silver mining producers.

So again, open pit mining will most probably be part of Sheinbaum's agenda, but with (much) stricter rules. But the big question is "when". Tomorrow? In a few weeks? Months? We’re in limbo until there’s further clarity. A lot of things will happen by the end of the year, so time will tell.

So I would say don't expect to make a lot of money with DSV this week...but expect to become mega-rich with DSV when/if the right time comes.