Discovery Silver Stock: A 300% Price Increase Is A Gift, So Take It

Summary

• Discovery Silver Corp. surged 300%+ in three months, driven by strategic acquisitions and strong financial backing, making it the fastest-moving stock in my portfolio.
• The acquisition of assets from Newmont Mining, including high-potential mines like Hoyle Pond and Borden, has significantly bolstered Discovery Silver's growth prospects.
• Given the impressive rally, I plan to take some profits while retaining a core position.
• With a bright future ahead, I maintain a “hold” rating on Discovery Silver Corp., advising cautious investment due to inherent risks in the mining sector.

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Introduction

I have held Discovery Silver Corp (OTCQX:DSVSF) for some time now, and it has been basically uneventful until this year, when the stock price moved dramatically higher, gaining 300% plus in a little over three

Analyst’s Disclosure: I/we have a beneficial long position in the shares of DSVSF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.