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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 seveneleven711on Feb 25, 2023 11:00am
130 Views
Post# 35305115

RE:RE:Approaching Market Valuations for DBG/HAT

RE:RE:Approaching Market Valuations for DBG/HATAt this point we can only use the " market/comparable transaction method" and take into consideration that DBG is about to put out a maiden resource with Sc @ CUEQ before working towards a PFS/FS. That is why I use .2, .3, .4, etc. To answer your question specifically on $0.09 CAN/lb, which is a great question, let me give you one comparable example of many, but keep in mind each example has its own uniqueness and differences. I believe $0.09 CAN is a fair and conservative value at the feasibilty stage of a company being bought out.

In 2021 Lundin Mining bought Josemaria Resources for $625M CAN. "Once in production, Josemaria is expected to produce on average over 130,000 tonnes of copper, nearly 225,000 oz of gold and 1.0 million oz of silver annually over a 19-year mine life" That is ~ equal to 7B lbs CUEQ. Which means $625M CAN/ 7B lbs CUEQ = $0.089 ~ $0.09

https://lundinmining.com/news/lundin-mining-to-acquire-josemaria-resources-mean-123057/
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