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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

Post by seveneleven711on Aug 15, 2021 2:18pm
210 Views
Post# 33707511

A possible scenario.

A possible scenario.The eventual buyer of DBG/HAT now owns 34 million shares at an average cost of $0.50. Fully diluted FS/insiders/close associates own control of 90 million shares and with 184 million shares in total that leaves 60 million shares among the rest of us. The eventual buyer wants our 60 million shares before announcing buyout which is really the purchase of the remaining 90 million shares belonging to FS/insiders/associates. The buyer has already spent $17 million on first 34 million shares and I project they will spend $83 million on our 60 million shares at an average cost of $1.38/share. Of our 60 million shares, 30 million will be bought at an average of $1, 20 million at an averge cost of $1.50 and the remaining 10 million will be purchased at an average of $2.3.Then they will buy the rest of DBG shares, 90 million for $3/share, spending a toal of $370 million for DBG/HAT. This process would take 2-3 months.

The above is just my opinion/guess


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