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Doubleview Gold Corp. V.DBG

Alternate Symbol(s):  DBLVF

Doubleview Gold Corp. is a mineral exploration and development company based in Vancouver, British Columbia, Canada. The Company identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. It focuses on acquisition and exploration of quality gold, copper and silver properties and the application of advanced exploration methods. Its projects include Hat Property and Red Spring Copper-Silver-Gold Property. The Company owns a 100% interest in the Hat Property. The Hat Property consists of ten mineral claims totaling 5214 hectares and is 50 kilometers northwest of Telegraph Creek, British Columbia. The property is subject to a 2% Net Smelter Royalty. The Company owns a 90% interest in the Red Spring Copper-Silver-Gold Property, which consists of six mineral claims totaling 4,224.34 ha, located in the Omineca Mining District of British Columbia. The Red Springs Property is subject to a 2.5% Net Smelter Property.


TSXV:DBG - Post by User

Comment by lifegoesonon Nov 08, 2020 11:53am
175 Views
Post# 31859427

RE:observation

RE:observationSeveneleven, nice read for a Sunday morning while sipping on coffee, I agree the way you show how long and how a resource is calculated. As I said, it has been 7 years for me as Farshad diligently marches forward with HAT, each year drilling, infill drilling, calculating resources, raising money but the most important feature that stands out is that DBG has NEVER been consolidated. For this I applaud Farshad and put him a unique group, I dare say a very limited group of CEO's that have managed to avoid a consolidation. Farshad has put his own capital into the game, or he has "SKIN IN THE GAME", whereas 98% of all other companies consolidate at least once and perhaps several times as CEO's either can get the job done, they don't believe, or it is just a Professional Paper Play for them, i.e. getting cheap stock, promoting, and selling everything then starting the cycle of consolidaiton again and again.  DBG has been drilling since mid August and is conducting 4,000 m of drilling, on top of the thoudsands of metres of drilling over the last 7 years or so. I eagerly wait to see the drill results but more importantly, can Farshad either sell the company or find a JV that can accelerate the process of providing a return to shareholders like me. Good Luck.
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