Dolly Varden Silver: An Emerging Silver Play With Growth Potential [Seeking Alpha]
Alexco Resource Corp Common Shares (Canada) (AXU)
NASDAQ:AMEX Investor Relations:
alexcoresource.com/investors/overview-1
Company Research
Source: Seeking Alpha
Dolly Varden Silver: An Emerging Silver Play With Growth Potential Summary Silver stocks have been soaring to start off the year. Dolly Varden Silver has lagged its peer group so far in 2019 but did have a nice run up to cap off 2018. Four discoveries were made in 2017 by the company and the last year was spent on resource drilling. At ~C$28 million market cap, shares of DOLLF have room to run, especially if the company can significantly grow its resource base of ~40 million ounces of silver. As I alluded to in my article covering Bear Creek Mining OTCPK:BCEKF While the spot price of silver is up a modest 4.3% year-to-date, currently trading at $15.89/oz, many silver stocks are up well north in the double digits range. Clearly, the market has an appetite for silver stocks and although it's still not entirely clear whether or not a bull market is back for precious metals, one key attribute that is a hallmark for an uptrending market that is holding most true today is that "miners
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