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.

TSXV:DBG - Post by User

Doubleview Gold Corp.

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Post by SirHumpsAloton Jun 20, 2018 8:46pm

135 Views

Post# 28202812

The stock is dead money

Okay, so the news is great for DBV but terrible for shareholders. I will explain. The deal really gives DBV nothing. There has been no value added to the company. There are promises to spend money and that is all. The hope is that the value of the property increases more than the percent loss of the project. So let us look at the numbers. 40 million is 38 cents a share. Shareholders really only benefit from 35% of that or 13 cents a share. That 13 cents a share is speculative money that could go into the ground and not yield results..

Back to 5 cents we go IMO

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