Dolly Varden Silver (DV.V): “Cashed-up DollY Varden gearing up to explore consolidated Kitsault Valley project”
Periods of stock market volatility are difficult even for the most battle-hardened resource investors, but the ones who usually come out on top are those holding quality companies with strong cash positions.
Indeed a soft market is often the best time to buy into a worthy junior – buy low sell high.
Nothing has changed with this investment thesis, the company still has a great property, or properties, with the right metals in the right locations, and an experienced management/ technical team.
The only thing that’s different is the stock price has fallen below the last financing price, having been swept up in the general market correction, making it a screaming bargain for savvy investors.
One of the best examples of a resource stock with staying power, even in the worst of markets, imo is Dolly Varden Silver (TSXV:DV, OTC:DOLLF).
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