Andy Schectman & Shawn Khunkhun Drop "Bombshell Silver News" - Joining the Silver Slayer, Andy Schectman, CEO of Miles Franklin and Shawn Khunkhun, CEO of Dolly Varden Silver (DV.v DOLLF), detailed the growing importance of silver in the global market, particularly in relation to gold: https://www.youtube.com/watch?v=zfQIq38SQ14
Highlighting the significant demand for silver from countries like China, Russia, and India, as well as the ongoing accumulation by central banks, silver is increasingly being seen as a strategic asset, not just an industrial one.
Further, Schectman says that silver is being manipulated in the market through short positions, and how the supply-demand imbalance suggests a potential price surge.
Similarly, Khunkhun reflects on the increased value of silver mining companies due to rising silver prices and shares his strategy of holding silver reserves until market conditions are more favorable, rather than mining and selling at current low prices.
With both experts agreeing that the value of silver will likely continue to rise due to its industrial demand and its monetary appeal as central banks accumulate precious metals, silver mining stocks are currently undervalued and represent a significant investment opportunity.
Advancing One of the Largest High-Grade Undeveloped Precious Metals Assets in BC’s Golden Triangle
Operating in a historically rich past-producing silver mine, DV is well-funded after securing $32 million in financing in September, ensuring the continuation of its extensive 32,000-meter drill program at the Kitsault Valley Project, which boasts a 64 million ounces silver and 1 million ounces gold resource base.
Having completed several key objectives this year, DV is aiming to make new discoveries, focusing on the Moose and Chance areas, where promising drill results were reported in June, is expanding the Wolf deposit, with positive drill results showing high-grade silver intercepts and is advancing its Homestake acquisition with assay results pending following earlier significant gold and silver findings.
The ongoing 25-hole drilling program at Homestake is expected to yield results soon, and the company sees the potential for more than 100 million ounces of silver to be discovered on its property.
Key catalysts for the next 12 months include the results of ongoing drilling at Homestake and Wolf, further M&A opportunities, and the potential for DV to capitalize on rising silver prices given favorable market conditions.
For more information, refer to this deep dive: https://www.reddit.com/r/CanadaStocks/comments/1fnxh6a/exploring_dolly_vardens_dvv_rich_silver_history/
Posted on Behalf of Dolly Varden Silver Corp.