Investors are increasingly looking for stocks which have made considerable moves over a reasonable period of time and by that token, it could be a good idea to take a look at the Discovery Minerals Ltd (OTCMKTS:DSCR) stock.
There has been no news about the company in recent day but over the course of the past month the Discovery Minerals stock has managed to record considerable gains. In this situation, it could be a wise move to take a look at a development from September 28, 2021. At the time, the company announced that it inked a letter of intent with the owners of a property located in Zambia.
It was a significant development for the company considering the fact that the property in question has as many as two gold ore bodies in addition to some cobalt and copper as well. However, it should be noted that the agreement is only going to be completed after a complete review of the property is completed.
At the time, Discovery Minerals announced that it was negotiating the concluding details of the deal with the sellers. It remains to be seen if the stock can continue to be on the ascendancy this week or not.
