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Almost everything --- agreed on that. I do a lot of work in the Medical Device market as well as Mil/Aero/Defense and Autonomous vehicle markets. I also invest in companies doing business in these markets based on my knowledge of product development, companies in general, verified personnel at these companies and other factors. This is the first time I got into a mining stock and it's unlike those other sectors I mentioned. I too got in DSCR for the lottery ticket with a belief that the company was legit and responsive to its shareholders as is the case with every other investment I've made in pennies and beyond. So this is a learning process for me at this point. Maybe eventually I'll make a bunch of money too. There is no losing for me, just winning and learning. As of now, I'm still learning lol
I take a positive approach to everything in life. I take a pragmatic approach to financial endeavors. That's a personal choice. No doubt some people have little regard for their earned income or time spent in life. But that's not me.
aside from the ongoing attorney letter which is months overdue and the stock being in the toilet now for over a year while the company owner stays dark about everything... all your points SOUND promising. none of what you say can be verified independently so everyone has to take this hearsay and make a choice to buy, sell or hold.
I called again for Davis Woods today. Got a machine and left another message (#8). It's quite remarkable how some of these companies on the OTC can operate and not get delisted?!?! Again, the casino mindset and reality of these markets is what it is.
Anybody know if these latest updates being posted on this forum can be independently verified? The internet has information on everything and everyone. Yet nothing is verifiable with Discovery Minerals.
The newsworthy info available for this company has all turned out to be bad news in the long run: https://www.yahoo.com/now/discovery-minerals-announces-official-launch-123000259.html
Does anyone know who this guy is? https://www.linkedin.com/in/glory-kabwayi-968a1a1a3/?originalSubdomain=zm
Now is the time to verify all you can before the stock begins to get pumped again on false information.
this website is only 30 days old? this company has been in business for several years. so did they just scrub all the old company info / tweets etc... and start fresh to get new investors for this latest cycle of raising more capital??
any public bio / info on Russell or Davis Woods that you know of? Post some links if you would... you seem to know more than most on this board.
So is the point of contact name: "David Woods"?
The company website says: "Davis Woods".
Could they actually have a typo on the main website for 2 years now???
doesn't seem to be a realistic person on the internet named Davis Woods. And No connections to Discovery Minerals or Ruby Mine either beyond the single website that's owned and operated by Russell Smith. In addition, all internet searches for Russell Smith come up empty including a barely used / engaged LinkedIn page. I'd say at this point the scam is over and any and all players involved in hyping it and pushing it have all gone dark including those on this forum.
As always I could be wrong, but I've been correct all the way so far.
Opposing opinions are always appreciated.
For Investment opportunities in Discovery Minerals please ring:
Davis Woods
951-344-5089
I just called again now. Answering machine AGAIN. I would ask anyone else on this board to do the same. Failure to make payment on the lease would cause the lease to be cancelled. That happens at the discretion of the lease holder (Brush Creek Mining And Development Co.)
That's weird because I've left 7 or 8 voice mails at that general vm in the last 2 months and not a single call back. So assuming he still does not return my call this month... what might he tell me? You imply that you already know - your help is appreciated.
The pinks are the slot machines of the market casino. the worst odds by far but fun, cheap and that rare upside of a big payout. GLTY
when you can't reach the company or any owners or employees... start making some assumptions.
HEADS UP shareholders... info@discoveryholdingscorp.com is no longer a valid email address.
DSCR will lose it's lease rights soon at the Ruby mine. We'll see where the company tries to go from there.
To each his own. You said it. Some people turn a blind eye and some shine a light on it. To each his own.
try not to act as if the scams and fraud within the market isn't real. it's very real and widespread its as simple as the govt being the keystone cops and limited in resources to curb it. it will never stop it.
it's not really an operating company any longer and it's questionable if it ever was at this point. I suspect they get delisted in 2022.
when there's nothing left to discuss... patience is really all you get. Fair enough.
This thing is officially D.O.A.
I spoke to Rick (Fairbetter? / didn't get his last name exactly). I called the mine and he called me back. I posted what he told me. Aside from that there's no other information available beyond what DSCR puts out and their track record is literally atrocious. I'm a shareholder and very disappointed in how Russel and whoever else is behind the scenes has communicated (or lack there of) to the community and shareholders. I'm hoping for a miracle and I'm being transparent about my position here. Many of the other posters on here are not that. They got in, pumped, got out. Good for them I guess. Not so good for others. At some point I'd like to believe there's an element of ethical conduct that people should follow. But it's a free country to lie, steal, cheat or do good. We all make our own choices. GLTY Penny.
Appreciate the post... but in this day and age... without links to any sources for this information and this company's track record of failed filings, missed deadlines and overall very poor management to the shareholders, there's really no reason to trust anything. The results to date speak for themselves --- I merely tried to offer an honest and realistic update of DSCR status based on speaking directly to the mine site manager yesterday via telephone.
So here's just some of the present issues that nobody has spoken of on this forum in the past 2 years that I can find. The Ruby mine is 100% owned by Brush Creek Mining And Development Co.
Discovery Minerals has the mine under option currently but there has been no mining at the site in several years according to the mine site manager (Rick).
Without operating capital and equipment DSCR will be unable to produce any gold which will of course make the DSCR shares worthless. Again, they don't own the mine --- they have no assets or cash at this time according to their financials, so I suspect unless some miracle happens... this is the end of the line for the DSCR lottery ticket. I personally hold many lottery tickets on this stock so this doesn't bode well for me.
If anyone has other information to the contrary, please post here.
GLTYA
coming up on the 1 year anniversary of the demise of the stock. just checking with those who are posting publicly about expecting results soon to improve things here. 2023 seems like a realistic waiting period based on past performance of DSCR.
how many years would you consider waiting on this? one more? how deep into 2023?
I've never seen a company run this poorly, it's quite astounding.
No signs of life that we can see so far.
https://www.discoveryminerals.com/cgi-sys/suspendedpage.cgi
Cannot find any ownership group named Discovery Minerals in this database of CA mines being worked.
https://thediggings.com/search-owners
Can you?
I don't believe what's written on the website. There is no 3rd party verification of anything they claim on that website so based on this company's historical actions, nothing is happening at the mine. The financials show no working capital as well. The website can say anything it wants. My hope as an investor is that you are correct, we shall see.
by all accounts this stock is done. this guy Russel who's allegedly running things may have another trick or 2 up his sleeve but without operating capital --- a mining company is DOA.
I'm holding a bag myself so I'm hanging on to my lottery ticket here.
patience is a virtue and scared money don't make money.
I suspect many of us here didn't get off the train in time when the last pump and dump ran in April 2021. Here's to the bag holders ;) DSCR Long.
that's a fair question.
before someone outs you... is there a reason you are posting this info here? honest people want to know.
what is this post here for today? morale? insight? relevant company news? share price updates?
we all are. who's got the dice this roll --- come on 7!
a few more months of $.0003 flipping. scared money don't make money. DSCR.
it certainly is a going concern. hoping it doesn't become a growing concern.
May/June can't come soon enough.
PROOF. Where is the 3rd party info? What purchase? I thought this was a lease??
LOL... yea THEY SAY IT... but they've conveyed bad information to shareholders many times so I can't take their word for it. And since there's no third party verifying anything at this point... well some people will surmise.