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Doubleview Gold Corp V.DBG

Alternate Symbol(s):  DBLVF

Doubleview Gold Corp. is a Canada-based mineral exploration and development company based in Vancouver, British Columbia. The Company is focused on the exploration and development of high-value mineral resources, including copper, scandium, gold, silver, and other precious metals. The Company’s projects include Hat Copper-Gold Property and Red Spring Copper-Silver-Gold property. The Hat Copper-Gold Property is located 50 kilometers (km) northwest of Telegraph Creek north-western British Columbia. The Hat Copper-Gold Property is situated in the Stikine District that includes the large Galore Creek, Schaft Creek, Red Chris, and Kutcho copper deposits. The Hat Copper-Gold Property is subject to a 2% net smelter royalty (NSR). The Red Spring Copper-Silver-Gold property located approximately 120 kilometers (km) north of Smithers, British Columbia. The Red Spring property is located in the asserted traditional 27,250 square kilometers territory of the Takla First Nation.


TSXV:DBG - Post by User

Bullboard Posts
Comment by goldbull636on Feb 08, 2014 9:08am
99 Views
Post# 22187088

RE:RE:Selling to pay for warrants/options?

RE:RE:Selling to pay for warrants/options?I believe that Farshad will be selling as he probably will not have a choice.  He owns 2+ million options and unless he has a few hundred thousand dollars lying around he must sell!  His plan entails using the money from the warrants to drill and not have to do a PP right now.  I suspect that once we hit 10 consecutive days of above .20 he will give a 30 day notice to holders of warrants that have the acceleration clause.  What kind of example would he be setting if his plan entailed the use of warrant moeny for drilling if he didn't exercise his own warrants and forced some to do it?  Plus, he is the biggest holder of warrants so his plan wouldn't work without him exercising his.  So unless he has deep pockets, he will be selling.
Bullboard Posts