Discovery Minerals LTD (DSCR)

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Discovery Minerals is a mining-focused subsidiary with recent success in prospecting and sampling gold on West Eagle Mountain in Northern California. They are currently classified with a stop sign through OTC Markets; however, the company has indicated that it is wrapping up documentation to bring filings current.

In late December, the company shared a tweet stating that negotiations on it’s next project are reaching a conclusion and that shareholders would receive a due diligence report within the next 60-days. On February 9th, the company tweeted that technical officers would be making a trip out to California to complete a due diligence report.

So this said, we have two major catalysts on the horizon. First, the company’s plans to complete filings to become pink current. They haven’t provided an exact timeline for when this should occur; however, they have been vocal on their twitter and present a sense that this is being prioritized. They also aren’t super behind. Second, within the next few weeks we should receive news about the company’s potential revenue stream and the prospects for the mine (which from their enthusiasm, seems promising).

I feel optimistic about the stock this month because of our current space in the timeline. Gold value is also in a great space at the moment. This is purely speculative, but with a global sense of uncertainty in regards to our economic welfare, gold seems like a pretty stable sector/investment.

*all information taken from the company’s twitter https://twitter.com/DiscoverDSCR and from OTCMarkets.com