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Why Did DSCR Stock Gain 32%?

AMHC

AMHC

In yesterday’s trading, Discovery Minerals Ltd. (OTCPINK: DSCR) rose by 32.38% to conclude the session at $0.0139 a share. Compared to its average monthly volume of 202.12M, Discovery Minerals stock transaction volume was 237.27M. DSCR stock rose not on current news, but on new developments, it had recently.

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What were those developments?

Discovery Minerals is an acquisition and development company, focusing on the acquisition of natural resources and cutting-edge technological developments through its subsidiaries. In order to ensure early positive cash flow from any projects undertaken, the DSCR Board of Directors has determined that these activities will be continued.


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Last week, Discovery Minerals announced it has reached an agreement with Sierra Gold LLC to acquire the Ruby Mine.

What else needs to be done?

The property acquired by DSCR has been known to have lode deposits as well as channels and quartz veins for years. So, further work is required by Discovery Minerals (DSCR) on the Ruby placer mine, as well as additional development and geological survey work.

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