Unicorn Dolly Varden Silver: CapturesThe Attention Of Major Players -- Only 8% Public Float
We sat down with Shawn Khunkhun, CEO of Dolly Varden Silver, (\U0001f1fa\U0001f1f8DOLLF -- \U0001f1e8\U0001f1e6DV new sponsor) and dove into its unique strategy and recent successes. DV has been hitting high-grade gold and silver, most recently 79.4 g/t gold over 12.35 meters. The results have well exceeded Shawn\u2019s optimistic expectations. The 2024 drilling season is getting off to the earliest start in many years, due to the lack of snow fall in British Columbia. The company will have 3 drills turning and plans for an updated resource estimate at in the future. It has an attractive capital structure, with a public float of just 8 percent. Interest expressed by major miners and large financial institutions has been increasing together with the price of gold and silver. The company recently raised C$15 million and has enough cash on-hand to meet its obligations for the next two years. While \u201cSilver\u201d is part of DV\u2019s moniker, Shawn discussed the company\u2019s substantial gold resources, which now equal its silver resources. He believes that Eric Sprott\u2019s $300 silver is a real possibility. With the company selling at just $1 per ounce in the ground, a substantial discount to historic levels of similar companies, that price could increase substantially, which is why we own shares.\xa0 Company Website: https://DollyVardenSilver.com