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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

Post by seveneleven711on May 26, 2021 9:00am
282 Views
Post# 33266529

fyi

fyi The following is why just the Lisle Zone alone of the HAT property is worth $3.00/share to DBG without Cobalt included and results from assays not yet included or the rest of HAT not included.

First read the following and note I will use a very conservative .35% CUEQ in my included calculations. But look at the CUEQ grades in the read.

https://www.bloomberg.com/press-releases/2020-07-06/re-transmission-independent-technical-review-confirms-the-lisle-zone-of-the-hat-deposit-as-an-alkalic-cu-au-porphyry

____________________________________________________________________________

650m x 920m x 620m x 2.5 = 927 million tons @ 0.35% CUEQ 

927,000,000 x 0.0035 x 2209 = 7.2 Billion pounds CUEQ @ $0.06 = $432 million MC

$432 divided by 150 million shsres = $2.9/share without cobalt

Best to be conservative but who knows what news is coming?
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