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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

Bullboard Posts
Comment by SirHumpsAloton Oct 16, 2017 11:01am
124 Views
Post# 26816382

RE:My thoughts about trading last week (Oct 9-13).

RE:My thoughts about trading last week (Oct 9-13).Yes it was good that they clear the loan. It was bad that it had to be done by Farshad and family. This goes back to the problem of last fall. Farshad is unabe to finance the company. They still need money to go to work. This is merely a method to buy soem time to seek further financing.


I agree, the stock is firmly off its lows but the move was speculation in a JV which has not been announced and was probably a rumour. Insiders probably unloaded stock at 9-11 cents to pay for the 5 cents PP. When I say insiders I mean friends and family. Don;t tell me that Farshad refinanced his house either. This would be the 4th time LOL. Must be one helluva mansion.

Also, stop spreading manipulative information. TD did nto buy 1.1 million shares. Retail traders/investors did using the TD platform. Anoymous could have been anyone. To claim that TD bought the shares is absolute pumping.

The stock had a nice run, time for a pull back until we get another rumor or news.

lifegoeson wrote:

Overall, I thought DBV make very good progress last week, first in retiring the Debenture (mostly bought by insiders (Farshad and related parties) but also a small amount being taken down by an anonymous "Strategic Investor". and secondly, good market support that moved the price up allowing people to sell and also people to buy..

There were about 2.39 Million shares exchanging hands at an average price of $0.093. The average price is indicative that there were a number of buyers above the closing price for the week of $0.085. You know the old saying, nothing goes straight up, there has to be price pullbacks and consolidation, it is this cycle of events that provide trading opportunities on both the buy and sell side. It is important to note that DBV has firmly come off it lows, also the sellers on Friday became tired, thus further indicating that most of the flippers are now ready for higher prices. But keep in mind, the higher the price goes, the less flipping because it gets more expensive to play and the price swings can be more punishing. For example, it is cheap to buy 100,000 shares at $0.04 but more expensive to buy 100,000 shares above $0.10, thus the implication is the higher the price goes, the more stable it becomes, and richer are the players (essentially getting the stock out of the real penny flippers who generally only create havic for the company).

TD was the biggest buy (1.1 M shares) and Anonymous was the bigger seller (1.2 Million shares). But of particular interest is that Latimer bought 340,000 shares and sold ZERO. Remember that DBV has hired Venture Liquidity Partners to provide Market Making services (paid $5,000/month) by using Latimer as the Market Making service (note that Latimer provides both the finances and shares required for the Market Making activity).

So how does this work, Latimer uses its money and shares of DBV (either provided or bought in the market) to make a market, i.e. be on the buy side to support the stock and be on the sell side to raise capital, this cycle continues in concert with the market allowing others to buy and sell, so in this way, support is brought to DBV, confidence and control, so that hopefully as new buyers are introduced, they feel like someone is looking out for the bad people in the market, like traders, flippers, and pumpers and dumpers.

My conclusion, my opinion only, DBV has a good week in the marekt with the price pushing and pulling to achieve a positive upward movement and result. We are all going to have to wait to see what is coming next, my guess is one of three things, 1) financing, 2) JV partner, and 3) drilling. It could be all three in a concerted effort to bring shareholder value. Farshad has really put forth his money to make this happen, so we should all give him a clap. Good Luck.

My disclosure, I own stock in DBV and I don't know, nor have never met the management of DBV. I have owned stock for over 3.5 years. I also buy and sell as I see fit in the context of the market and news. Again, Good Luck.


Bullboard Posts