Doubleview Gold Corp. V.DBG

Alternate Symbol(s): DBLVF

Metals & Mining Industrial Metals & Minerals

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.

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Doubleview Gold Corp.

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Comment by SirHumpsAloton Feb 03, 2017 8:02am

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Post# 25793792

RE:RE:RE:News

Good news. However, how much of that 450K is left today? They had only about 13K cash available at the end of November. That takes us up to 463K. Minus the 32K finders fee leaves 431K. Minus 2 months cash burn? I assume it is minimal this time of year... say 10K per month? So they have $410K to spend. Time for a small drill program? We need to see results prior to drilling again. They can use the results to better target minerlisation. The next PP will probably be announced shortly after the results come out. I would expect them to try and raise 1 million. 450K to repay the loan and $550K for additional exploration.

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