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Yup-
Possibly today / tomorrow. The OTCM update shut a lot of people up, filings coming this week. It's going to get EPIC here and I never use that word. lol
$DCGD
On nothing? Have you not been reading the PR's and seeing the cast joining the team? You clearly have no idea what you're talking about. Smart people can see what is being done and this is not a hush hush move at all. Not only are there PR's there are articles about the team and their Florida visit.
The Board of Directors of DSCR is pleased that given the quality of the sampling from the potential ore zones combined with the increase in gold prices, the yield from the target zone is expected to coincide with the original mining plan.
Boom Boom time
$DSCR
News:
MURPHY, Idaho, Aug 12, 2019 (GLOBE NEWSWIRE via COMTEX) -- MURPHY, Idaho, Aug. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Discovery Minerals LTD (otcqb:DSCR) is an acquisition and development company that targets natural resource properties primarily in precious metals and mining operations. Discovery Minerals LTD is pleased to announce the results of its first reconnaissance rock sampling program. The program targeted the Oro Fino vein system and samples were collected from available exposures of both the footwall and hanging wall veins as well as various other potential gold and silver bearing materials associated with the previous mining.
These assays are consistent with the previous report by Geoff Boswell of Underhill Associates, with up to 15.9 grams per ton gold (half ounce per ton) and a ratio of 20:1 of silver to gold. The Board of Directors of DSCR is pleased that given the quality of the sampling from the potential ore zones combined with the increase in gold prices, the yield from the target zone is expected to coincide with the original mining plan.
The assay results were from a set of 48 reconnaissance samples from War Eagle Mountain that have been recently received. Overall the samples averaged 2.67 ppm Au and 53.9 ppm Ag and ranged up to 15.9ppm Au and 493 ppm Ag. Forty-three samples were taken from the Oro Fino reef zone or associated waste material and these averaged 2.94 ppm Au and 58.4 ppm Ag. Of the 43 Oro Fino samples 37 samples (86%) are greater than 0.5ppm Au (see table below). Some of the lesser mineralized samples were host rock material, as was expected. The table is presented from the southern Mahogany area to the northernmost area at the Cape Horn. Gold and silver mineralization are present throughout the length of the Oro Fino vein.
Outcrop and sub-crop samples from the Oro Fino vein system yielded widespread potentially economic mineralization with 15 of 24 for these types of samples being greater than 1 Gm / per ton Au and four of these samples ranging between 5.25 and 15.9 ppm Au, including one sample with 493 ppm Ag.
The program included a series of waste dump samples that aimed to assess waste dump potential for processing and gold extraction as a means of early cash flow. A composite grab sample was taken for each of these dumps and then a selected quartz vein sample was taken. These paired samples may indicate the potential for upgrading the waste dump resources by either screening or screening and optical ore-sorting. The average for the six composite samples is 1.15 ppm Au & 32 ppm Ag, whereas the hand selected quartz samples averaged 3.88 ppm Au & 80 ppm Ag, which is an encouraging result. Further tests will be carried out aimed at establishing a method of waste dump upgrading or beneficiation.
Overall the sampling has demonstrated that the Oro Fino vein system is mineralised on both the hanging wall (east) and footwall (west) veins for a length of approximately 4000'. The results are a positive step toward developing a shallow potentially mineable gold and silver resource as a short to medium term goal for the company with considerable scope for deeper exploration and possible mining in due course.
Further assays are expected and a drill program is being designed that will address drilling the entire length within the shallower portion of the Oro Fino vein system.
Sample ID Order Zone Vein Type Qtz % Au ppm Ag ppm Notes
MAH01 1 Mahogany Oro Fino Dump grab 100 4.22 95
MAH02 1 Mahogany Oro Fino Rock chip 80 3.53 68
MAH03 1 Mahogany Oro Fino Rock chip 80 2.19 5
MAH04 1 Mahogany Oro Fino Rock chip 80 1.89 6
MAH05 1 Mahogany Oro Fino Rock chip 80 3.30 37
MAH06 1 Mahogany Oro Fino Dump grab 10 0.56 26
SUM01 2 Summit Oro Fino West vein Rock chip 45 0.71 22
SUM02 2 Summit Oro Fino West vein Float grab 100 15.90 68
SUM03 2 Summit Oro Fino West vein Dump grab 90 6.04 68
CUM01 3 Cumberland Oro Fino Dump grab 100 4.00 263
CUM02 3 Cumberland Oro Fino Dump grab 5 0.11 344 Host rock
CUM03 3 Cumberland Oro Fino Dump grab 0 0.01 12 Host rock
CUM04 3 Cumberland Oro Fino Dump grab 1 1.08 50
CUM05 3 Cumberland Oro Fino West vein Float grab 90 0.08 9
CUM06 3 Cumberland Oro Fino West vein Float grab 90 0.11 12
CUM07 3 Cumberland Oro Fino West vein Rock chip 40 0.92 20
CUM08 3 Cumberland Oro Fino West vein Rock grab 90 2.97 9
CUM09 3 Cumberland Oro Fino East vein Float grab 100 13.65 493
CUM10 3 Cumberland Oro Fino Float grab 90 7.03 50
CUM11 3 Gold Chariot Oro Fino Rock chip 15 0.14 5
ORO01 4 Oro Fino Oro Fino East vein Rock chip 90 1.53 10
ORO02 4 Oro Fino Oro Fino East vein Rock chip 80 3.02 74
ORO03 4 Oro Fino Oro Fino East vein Rock chip 80 0.59 69
ORO04 4 Oro Fino Oro Fino East vein Rock chip 5 0.55 47
ORO05 4 Oro Fino Oro Fino East vein Rock chip 60 3.39 55
ORO06 4 Oro Fino Oro Fino Dump grab 10 1.34 24
ORO07 4 Oro Fino Oro Fino East vein Rock chip 90 1.73 88
ORO08 4 Oro Fino Oro Fino Dump grab 100 3.66 24
ORO09 4 Oro Fino Oro Fino Dump grab 90 11.75 133
ORO10 4 Oro Fino Oro Fino Dump grab 40 1.23 37
ORO11 4 Oro Fino Oro Fino Dump grab 100 1.68 18
ORO12 4 Oro Fino Oro Fino Dump grab 40 1.21 46
ORO13 4 Oro Fino Oro Fino Dump grab 100 3.66 36
ORO14 4 Oro Fino Oro Fino Dump grab 5 0.99 13
ORO15 4 Oro Fino Oro Fino Dump grab 100 7.43 46
ORO16 4 Oro Fino Oro Fino East vein Rock chip 60 0.94 13
ORO17 4 Oro Fino Oro Fino East vein Rock chip 50 0.14 14
ORO18 4 Oro Fino Oro Fino Dump grab 25 1.82 19
ORO19 4 Oro Fino Oro Fino Dump grab 100 2.26 20
ORO20 4 Oro Fino Oro Fino West vein Rock chip 90 1.33 15
CH101 5 Cape Horn Oro Fino West vein Float grab 100 5.25 19
CH102 5 Cape Horn Oro Fino East vein Dump grab 100 0.48 7
CH103 5 Cape Horn Oro Fino Float grab 100 2.19 23
About Discovery Minerals Ltd.:
Discovery Minerals Ltd. (otc pink:DSCR) is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities through its subsidiaries. The Board of Directors has determined that these activities be continued with an emphasis on early positive cash flow from any projects undertaken.
https://www.marketwatch.com/press-release/dscr-announces-results-first-rock-sampling-assay-report-2019-08-12-81843051?mod=mw_quote_news
I just check IHUB for the first time all weekend and wow is there a buzz here that wasn't earlier in the week. Hoping for great assay results tomorrow.
$DSCR
I have a feeling there is going to be a EOD attack on this for shares in Monday's PR anticipation. The fact they came out and said it'll be Monday I think are keeping some reserved to jump in which is a mistake IMO. Now is the time. Monday's news could take this out of trips for good. Keep in mind all, broke a hard resistance of 5's after trying a couple times and not being able too, setting up new 52 week highs for the past couple days. Read in between the lines :)
$DSCR
We'll see subs today IMO. Especially is good to great assay resluts get dropped... 100%+ day IMO
$DSCR
Trust me, they are still here. It's Friday..
Ya can't fix stupid.
You don't need to prove yourself. You did put out the alert. I bit on it. Couldn't be happier. Thanks Z
Isn’t t that public stock manipulation? Isn’t that illegal. If a couple is promoting a stock good or bad, that they were not hired to do so, sounds like stock manipulation to me...
Thanks for the update UP TREND. Good to hear... All of it :)
$DCGD
I honestly bought this on a whim yesterday at .02. Nice to see there is still action
LMAO... Please.. Tell me the last time this stock even touched .0007's?
New 52 week high breached today. Looking great!
Tweet:
"" New Genset installed yesterday and running faultlessly. Will supply all ancillary services plus gold smelting room."
Russell Smith, CEO - DSCR"
" New Genset installed yesterday and running faultlessly. Will supply all ancillary services plus gold smelting room."
— Discovery Minerals (@DiscoverDSCR) August 8, 2019
Russell Smith, CEO - DSCR@gold @Nasdaq @silver pic.twitter.com/TbS7erUCxg
This is going to take off into subs soon IMO.
The emotions here day to day are kinda comical. If it's green we're going to $100 bucks, if it's red everyone is questioning their positions. Take a look at the monthly chart and check out the pullbacks. It happens, it's needed. Who knows it could even correct itself today
New 52 Week high!!!
They have until a week from now, if not sooner before next filing.
Exactly. You can either enter before the run starts for maximum gains or jump in the run for good gains. This is bottom. The signs are showing this is on an uptrend.
I honestly wanted to dump, eat my loss and move on and take what I had left and make it up on some running stocks, but look at this, we still sit at no bid. Fantastic. Honestly anyone who ever gets into business with Ken Williams is a f'ing moron. I was trying to remain somewhat positive about this merger, but I just can't. I can't take Ken serious..
Once these 5's clear MIKEY, off to the races.
Looking real good.
Chomped at this today for a starter. Looking good.
Needs buying pressure to clear these 5's... Assay report today maybe?
$DSCR
Hell yea, good to see 5's back on deck!
Nice, low O/S here. This has a lot of room to move. What kind of news you expecting?
Lookin Real good :)
DSCR
Last time I was in a play like this, it went from trips 4 to .019
Volume came in (lot of insider buying) before the real juicy PR drops. There is no room to dilute here so that talk is just noise.
You, me, everyone.
I still don't get how this guy can be so shady in his dealings. Like you KNOW you have shareholders. There literally is NO reason to not let us know the name of the new company and CEO. He might as well of kept his big mouth shut about turning the company over if he cannot provide any information, and just let the info come. Instead he has to announce he is no longer CEO then keep everyone waiting in the dark for weeks+.
One day someone may take this over and reinstate it, get a run going. Dead for good until then. It is a VERY attractive MJ ticker
I literally was just showing my buddy the chart, and said the same exact thing to him. lol
$DCGD
As gold is on the rise, it is the perfect time for them to put out an excellent assay report! This could be a perfect storm!
If they can find a score like was in their PR today it values the company at around .10
Looks like they prob got a while to go getting there but this feels like it’s bottom for those who didn’t get trip 1’s. If these assay results Come back looking good that should be a catalyst in itself I would assume, but I don’t mess with mining stocks too much so that’s just IMO. The numbers they through out today where the average reader just glanced by it, says this is a 500M company very soon if everything works out the way they hope.
Huh...? Go check the S/S on OTCM A/S is maxed, what shares are they diluting?
"on or before the fifteenth calendar day following the prescribed due date"
on or before
on or before
on or before
on or before
Could happen tomorrow. Could happen next week. Just take in the ebbs and flows of watching this go up
That's only next week...
Talk about imminent squeeze
"The project has open cut and underground resource potential that could well exceed previous production of ~350,000-400,000 ounces gold equivalent."
For those that don't know, gold is at $1,466 per oz
That is a value of 500M, and that is a conservative number.
The PR was an update PR, but if you want to really dive in and breakdown any numbers they provided, there you have it. The PR is deff bigger than the average Joe is thinking.