Discovery Silver Management

Management criteria checks 1/4

Discovery Silver's CEO is Tony Makuch, appointed in Jun 2022, has a tenure of 2.42 years. total yearly compensation is CA$4.23M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth CA$1.03M. The average tenure of the management team and the board of directors is 1.8 years and 6.3 years respectively.

Key information

Tony Makuch

Chief executive officer

CA$4.2m

Total compensation

CEO salary percentage	14.2%
CEO tenure	2.4yrs
CEO ownership	0.3%
Management average tenure	1.8yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

Here's Why We're Not Too Worried About Discovery Silver's (CVE:DSV) Cash Burn Situation

Jan 07

Is Discovery Silver (CVE:DSV) In A Good Position To Deliver On Growth Plans?

Sep 10

Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

May 24

Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

Jan 27

We Think Discovery Silver (CVE:DSV) Can Afford To Drive Business Growth

Oct 20

We're Not Very Worried About Discovery Silver's (CVE:DSV) Cash Burn Rate

Jun 10

Here's Why We're Not Too Worried About Discovery Metals' (CVE:DSV) Cash Burn Situation

Feb 02

What Is The Ownership Structure Like For Discovery Metals Corp. (CVE:DSV)?

Dec 25

CEO Compensation Analysis

How has Tony Makuch's remuneration changed compared to Discovery Silver's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-CA$19m
Jun 30 2024	n/a	n/a	-CA$16m
Mar 31 2024	n/a	n/a	-CA$12m
Dec 31 2023	CA$4m	CA$600k	-CA$16m
Sep 30 2023	n/a	n/a	-CA$20m
Jun 30 2023	n/a	n/a	-CA$24m
Mar 31 2023	n/a	n/a	-CA$32m
Dec 31 2022	CA$1m	CA$277k	-CA$41m

Compensation vs Market: Tony's total compensation ($USD3.03M) is above average for companies of similar size in the Canadian market ($USD726.09K).

Compensation vs Earnings: Tony's compensation has increased whilst the company is unprofitable.

CEO

Tony Makuch (66 yo)

2.4yrs

Tenure

CA$4,234,999

Compensation

Mr. Anthony Paul Makuch, also known as Tony, B.Sc. M.Sc. M.B.A. ICD.D. P.Eng. serves as Director at Karora Resources Inc. from August 2023 and served as its Special Advisor since May 2022. He is an Indepen...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Anthony Makuch	President	2.4yrs	CA$4.23m	0.30% CA$ 1.0m
Andreas L'Abbe	CFO & Corporate Secretary	6.9yrs	CA$755.63k	0.29% CA$ 1.0m
Forbes Gemmell	Vice President of Corporate Development	4.8yrs	CA$731.25k	0.013% CA$ 44.3k
Gernot Wober	Vice President of Exploration	6.3yrs	CA$792.19k	0.19% CA$ 655.4k
Roman Solis	Senior Vice President of Mexico	less than a year	CA$706.88k	no data
Bindu Satyajit	Corporate Secretary & Manager of Administrative Services	1.3yrs	no data	no data
Mark Utting	Vice President of Investor Relations	less than a year	no data	0.012% CA$ 43.0k
Jose Jabalera	Vice President of Corporate Affairs & Sustainability at Mexico	less than a year	no data	no data

1.8yrs

Average Tenure

58yo

Average Age

Experienced Management: DSV's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Anthony Makuch	President	2.6yrs	CA$4.23m	0.30% CA$ 1.0m
William John	Independent Chairman of the Board	7.4yrs	CA$385.00k	0.37% CA$ 1.3m
Sean Tetzlaff	Member of Advisory Board	7.3yrs	no data	no data
Calvin Everett	Member of Advisory Board	7.3yrs	no data	no data
Francisco Arturo Zepeda	Chairman of Advisory Board	7.3yrs	no data	no data
Jeffrey Parr	Independent Director	7.4yrs	CA$355.00k	0.14% CA$ 477.7k
Jennifer Wagner	Independent Director	3.7yrs	CA$360.00k	0.012% CA$ 43.0k
Jonathan Gill	Advisor to the Board	1.3yrs	no data	no data
Moira Smith	Independent Director	5.4yrs	CA$345.00k	0.24% CA$ 829.9k
Jose Vizquerra Benavides	Member of Advisory Board	4.8yrs	CA$12.93k	no data
Daniel Vickerman	Independent Director	5.3yrs	CA$345.00k	0.042% CA$ 146.2k
Craig Roberts	Member of Advisory Board	7.3yrs	no data	no data

6.3yrs

Average Tenure

65yo

Average Age

Experienced Board: DSV's board of directors are considered experienced (6.3 years average tenure).

Discovery Silver Management

Management criteria checks 1/4

Key information

Recent management updates

Vice President of Exploration recently sold CA$53k worth of stock

Vice President of Exploration recently sold CA$76k worth of stock

Discovery Silver Corp. Appoints Mark Utting as Vice President of Investor Relations

Vice President of Exploration recently bought CA$119k worth of stock

Independent Director recently sold CA$93k worth of stock

Discovery Silver Corp., Annual General Meeting, May 15, 2024

Recent updates

New major risk - Financial position

Vice President of Exploration recently sold CA$53k worth of stock

We're Not Very Worried About Discovery Silver's (TSE:DSV) Cash Burn Rate

Vice President of Exploration recently sold CA$76k worth of stock

Discovery Silver Corp. Appoints Mark Utting as Vice President of Investor Relations

Vice President of Exploration recently bought CA$119k worth of stock

Independent Director recently sold CA$93k worth of stock

We're Not Very Worried About Discovery Silver's (TSE:DSV) Cash Burn Rate

Discovery Silver Corp., Annual General Meeting, May 15, 2024

Price target decreased by 14% to CA$2.28

Discovery Silver Corp. Announces Positive Feasibility Results from Cordero Silver Project in Mexico

Discovery Silver Corp. Announces Positive Feasibility Results from Cordero Silver Project in Mexico

New minor risk - Share price stability

Is Discovery Silver (TSE:DSV) In A Good Position To Invest In Growth?

Discovery Silver Corp. Announces the Departure of Tony Esplin as Chief Operating Officer

Discovery Silver Corp. Reports Optimized Results from Its Feasibility Study Metallurgical Test Program

Price target decreased by 11% to CA$2.67

Discovery Silver Corp. Announces the Submission of Its Environmental Impact Assessment for Its Cordero Project

Will Discovery Silver (TSE:DSV) Spend Its Cash Wisely?

Discovery Silver Corp. Announces Key Appointments to the Board and Management Team

Discovery Silver Corp. Reports Additional Positive Results from Its Feasibility Study Drill Program At Cordero

Discovery Silver Corp. Provides Cordero Project Update

Is Discovery Silver (TSE:DSV) In A Good Position To Deliver On Growth Plans?

CEO & Director recently bought CA$1.2m worth of stock

Price target increased by 12% to CA$3.38

Discovery Silver Corp.(TSXV:DSV) dropped from S&P/TSX Venture Composite Index

Discovery Silver Corp. Reports Preliminary Feasibility Study on Cordero

Discovery Silver Corp. Announces Appointment of Tony Makuch as Chief Executive Officer

Here's Why We're Not Too Worried About Discovery Silver's (CVE:DSV) Cash Burn Situation

Insider recently bought CA$159k worth of stock

Discovery Silver Corp. Announces Results from the First 15 Feasibility Study Drill Holes on Its Cordero Silver Project Located in Chihuahua State, Mexico

CFO & Corporate Secretary recently bought CA$144k worth of stock

Price target decreased to CA$3.08

Price target decreased to CA$3.08

Discovery Silver Corp. Continues to Demonstrate Expansion Potential in Final Phase 2 Drill Holes at Cordero

Is Discovery Silver (CVE:DSV) In A Good Position To Deliver On Growth Plans?

Discovery Reports Exceptional Results from Its Pre-Feasibility Study Metallurgical Test Program

Price target decreased to CA$3.47

High number of new directors

Discovery Silver Corp. Announces Results of Phase 2 Drill Program of Cordero Silver Project

Discovery Silver Corp. Elects Tony Makuch as Director

High number of new directors

Discovery Silver Corp. Announces Resignation of Taj Singh as President and Board of Directors

Discovery Silver Corp. Reports Positive Metallurgical Results from Cordero & Provides Project Update

Discovery Silver Corp. Announces Resignation of Mark O'dea as Director

Discovery Silver Corp. Announces Resignation of Mark O'dea as Director

Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

Discovery Silver Corp. Intercepts 337 g/t AgEq over 34 m and 606 g/t AgEq over 18 m Below the PEA Open Pit at Cordero

Discovery Silver Corp., Annual General Meeting, Jun 24, 2022

Discovery Silver Corp. Appoints Tony Makuch to its Board of Directors

Discovery Silver Corp. Intercepts 328 G/T Ageq over 46 M Outside Current Resource At Cordero

Independent Director recently sold CA$599k worth of stock

Discovery Silver Corp. Intersects 247 g/t AgEq over 50 m in Phase 2 Drilling at Cordero

Discovery Silver (CVE:DSV) Is In A Good Position To Deliver On Growth Plans

Discovery Silver Corp. Files on SEDAR Its National Instrument 43-101 (“NI 43-101”) Technical Report Titled Preliminary Economic Assessment of Thecordero Silver Project Chihuahua State, Mexico, in Respect of Discovery’s Cordero Deposit in Mexico

Independent Chairman of the Board recently bought CA$181k worth of stock

We Think Discovery Silver (CVE:DSV) Can Afford To Drive Business Growth

Discovery Silver Corp. Announce Results from Its Metallurgical Test Program on Representative Samples from the Cordero Deposit

Discovery Silver Corp. Intersects 194 G/T AgEq over 217 M in Final Drilling for Upcoming Resource Estimate At Cordero

Discovery Silver Corp. Announces Results from 21 Diamond Drill Holes Targeting Bulk-Tonnage Mineralization in the North Corridor at its Cordero Silver Project in Chihuahua State, Mexico

Discovery Silver Corp. Announces Results from 13 Diamond Drill Holes Drilled Along the Josefina High-Grade Vein Trend At Its Cordero Project

Independent Director C. Chevillon has left the company

Director Jesus Miguel Hernandez-Garza has left the company

Discovery Silver Corp. Announce Results from 12 Diamond Drill Holes Targeting Bulk-Tonnage Mineralization At Its Cordero Silver Project

We're Not Very Worried About Discovery Silver's (CVE:DSV) Cash Burn Rate

Independent Director recently sold CA$76k worth of stock

Discovery Silver Corp. Announce Results from 12 Diamond Drill Holes Targeting the Josefina and Todos Santos High-Grade Vein Trends At Its Flagship Cordero Project Located in Chihuahua State, Mexico

Insider recently bought CA$107k worth of stock

Discovery Silver Corp Provides Project Update