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Bullboard - Stock Discussion Forum Dolly Varden Silver Corp V.DV

Alternate Symbol(s):  DOLLF

Dolly Varden Silver Corporation is a mineral exploration company. The Company is focused on advancing its Kitsault Valley Project, which combines the Dolly Varden Project and the Homestake Ridge Project, which is located in the Golden Triangle of British Columbia, Canada, about 25 kilometers by road to tide water. The 163 square kilometer (sq. km.) project hosts the high-grade silver and gold... see more

TSXV:DV - Post Discussion

Dolly Varden Silver Corp > Not your typical Junior....only 12% held by retail
View:
Post by Jimmycash on Jan 10, 2021 9:11pm

Not your typical Junior....only 12% held by retail

Because this stock is held by 88% long term holders, price does not move like normal juniors. This will move more on news then speculation...IMO...The fact that the mine is surrouded, literally, by Hecla Mining whom is maintaining their 10% holdings by participating in all offerings to date, tells me they are waiting for DV to do the prospecting then figure out a take out offer.



Re: DV website

Notable and Major Shareholders

Institutional 50% - US Global Investors - Sprott Asset Management - Ingalls and Snyder Brokerage Accounts Hecla Canada 11% Eric Sprott 19.9% Management & Consultants 5% Retail 12%
Comment by mcintma on Jan 11, 2021 2:21pm
Who knows, maybe HL is driving down price to do a takeover. Would be one explanation for all the selling ,,,
Comment by Jimmycash on Jan 11, 2021 4:58pm
Talked to IR, 10,000 meters drilled, results should be out by the end of month. Said they would be looking for the $200M area for a buy out once proved up. At current shrs outstanding that's $1.54 per share...$25M in bank. Patience needed....
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