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 > Open pit mining

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Post by chuck8 on Aug 26, 2024 1:35pm

Open pit mining

A comment posted here (david morgan) that open pit mining is uneconomical is ridiculous.
Tony Makutch and team have mapped out a very good strategy for developing this property. Tony is the one who was a strong believer in the Detour mine (when he was ceo of Kirkland Lake mine) when all others were lobbing grenades at how this would fail. Detour is a low grade but high volume gold asset and spins out so much cashflow it has become one of the best of the best. If Tony and team are confident, then I too am a believer.....JMHO.

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