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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Post by seveneleven711on May 06, 2021 9:05am

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Post# 33139393

fyi

Globe says Barrick could be at mercy of Newmont

2021-05-06 09:00 ET - In the News

Also In the News (C-NGT) Newmont Corp

The Globe and Mail reports in its Thursday edition that Mark Bristow, Barrick Gold's chief executive officer, is ruing a lost opportunity to buy a large U.S. copper miner at a bargain basement price, and is now opening the door to a merger with great rival Newmont. The Globe's Niall McGee writes that just over a year ago, when the price of copper was in the pits, Mr. Bristow openly pondered a friendly deal with Freeport-McMoRan. Had the transaction happened, Mr. Bristow may well have been hailed as a genius, as copper this year has marched to a near record high thanks in part to rebounding demand in China and speculative demand. Freeport made it clear it was not interested in any kind of deal with Barrick. During a conference call with analysts Wednesday, Mr. Bristow acknowledged the Freeport ship had sailed, and hinted that mistakes were made along the way. "Maybe we should have done it a little differently," Mr. Bristow said. Now Barrick has found itself in a slightly vulnerable spot. Newmont Gold, the world's biggest gold miner, has soundly outperformed Barrick over the past 12 months. While Barrick and Newmont were once close in stock-market valuation, Newmont could now be in the aggressor's position.