If you want a Silver Home Run, Think of Dolly Varden Silver

Bob Moriarty
Archives
Dec 5, 2025

I preach buying cheep and selling dear on a constant basis. Since 2015 silver has been the cheapest in relative terms to gold, platinum and palladium. So, if you think gold is going to go up, you should buy silver.

At times I go back and refer to articles I wrote in the past. The last time I wrote about Dolly Varden Silver (DV-V) was in March just before the price of silver and Dolly went on a run to the moon. Dolly bottomed in April at $3.21 a month after I said we would have a correction before rocketing higher with silver into October at $7.49.

This is what I said then.

The metals will correct and then go higher. I think many of the bubbles that have been floating around have found the pins they so desperately were seeking.

The really good news is that in terms of relative value, gold and silver shares are the cheapest compared to the metals they have ever been. Slowly but surely the former stock market investors and cryptocurrency investors are going to realize they have been left holding the bag once again. It’s time to look around and see what is cheap.

Resource shares across the board are cheap. They will not remain cheap for long. They are the only game in town.

Dolly has been busy increasing their land position and picking up three former producing mines in the heart of the Golden Triangle since May. Their total land position is now over 100,000 Ha south of Newmont’s Bruce Jack Mine.

The acquisitions have added silver in the ground at $.05 while adding $2 per ounce to the share price. This year’s drill program consisted of over 56,000 meter of drilling. Initial results show 1,422 g/t Ag over 21 meters, 3.3 g/t Au over 120 meters, 26 g/t Au over 14 meters and 14 .5 g/t Au over 21 meters.

An additional eighty holes are still pending assays. Results will arrive for months. The company has 64 million ounces of silver at an average grade of about 300 g/t and about 1 million ounces of gold at 5+ g/t. After a successful financing, the company is sitting on $64 million in cash. An updated 43-101 is scheduled for Q1 that will reflect an additional 200,000 meters of successful drilling.

Dolly Varden is an advertiser. I have bought shares in the open market. That make me biased so please do your own due diligence. Their presentation is excellent and informative.

Dolly Varden Silver Corp
DV-V $6.34 (Dec 04, 2025)

DVS-NYSE 92 million shares

Dolly Varden website

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Bob Moriarty
President: 321gold
Archives

321gold Ltd