Dolly Varden Silver (DV.V): Multi-Million Ounce Gold and Silver Resource

One thought on “Dolly Varden Silver (DV.V): Multi-Million Ounce Gold and Silver Resource”

1. Ed Wisniewski says:

   March 23, 2022 at 11:11 pm

   I look at DOLLF & compare to my 14,000 share position in LOMLF.

   Lion already has all long lead items required for their scalable mill …. “on order.”

   Lion’s resource will “easily expand (my estimate based on alkaline deposit) to a minimum of 3,000,000 oz; final deposit size could exceed 6,000,000 to 8,000,000 ounces of GOLD.

   When I look at the 2 projects and review Quinton Hennigh’s remarks on the Lion Mine & Mill, I simply BUY MORE LOMLF.

   LOMLF made a wise decision on a scalable mill: 300 TPD that can be increased to about 1,000 TPD.

   With LOMLF offering such an incredible value (assuming the size of the deposit continues to expand — clearly CERTAIN after reviewing the deep drill results, with an average gold assay exceeding 20 GPT. Incredible!

   I owned Dolly back when they hired a new CEO, Cote or Coke or some name close to that. Despite spending what …. $12, $15 million, or more, they NEVER increased the silver resource. Dolly execs WASTED a TON of Money and delayed a resource expansion; ADD 3 years of wasted time to this effort. I dislike failed history. I prefer greater certainty.

   While I look at DOLLY, I continue to buy Lion One. That WASTE of resources at Dolly remains fresh in my mind. On a comparative basis, we know that the Lion CEO is committed to developing, the **selling** Lion. IMO, WORST CASE: Lion is worth somewhere around $4-$5 a share. Dolly can only promise a hope of an expanded resource first. Then, it will need to seek out a merger partner. Where’s, Lion’s alkaline deposit is likely to continue expanding it’s resource continuously for the next couple of years, thanks to the widespread alkaline deposit, which could easily cover over 6 km, or more.

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