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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 Feb 24, 2021 3:58pm
187 Views
Post# 32649975

RE:Question?

RE:Question?Seveneleven, I guess the 800,000 shares sold today haven't heard about the potential $250 M all cash buyout. My experience has been, if there was such a buyout circling DBG, the price would be going up and not down. No one could ever keep a rumour like this quiet. So you are therefore likely basing you hopes on the current valuation, actually getting a company to stand up and pay this price is a totally different thing. It will be interesting to see what Farshad has to say at the AGM tomorrow.... has everyone got their secret code to join in on the phone...?  I do... right now there are 131 M shares in the market,  13 M options, and 39 M warrants, equal to about 183M, so at $250 buyout, this would equal $1.36 per share.... so if the stock was halted tomorrow, I would deftinately take the $1.36 per share.... But I really thought since 2013 it would be worth more. Maybe tomorrow the stock will be halted and this news will come out.
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