Doubleview Gold Corp. V.DBG

Approaching Market Valuations for DBG/HAT

[seveneleven711]

Using the following conservative parameters: (would be nice if you had a close friend in the mining business to explain if needed)

1. 350 million ton, 35 year mine life

2.Sc @ 50g/t....USING "45 ppm to 50 ppm" from https://www.doubleview.ca/detailed-mineralogical-study-of-scandium/ and
"The scandium grade of the tailings from the flotation tests assayed 65 g/t" from https://www.doubleview.ca/doubleview-achieves-89-scandium-extraction-from-metallurgical-tests-on-flotation-tailings-from-the-hat-deposit-core-samples/

3. Price of ScF3, $3/g, from https://patents.google.com/patent/JP2021515851A/en 

4. Cu $3/lb

5. CUEQ for CU, AU, AG, Co,Pd (exclude ScF3) ~ .5% CUEQ

6. 50 g of ScF3 = 50 lbs Cu in $

7. 50/2000 = 0.025 = 2.5% CUEQ for ScF3

8. Total = .5% + 2.5% = 3% CUEQ using all minerals
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350M tons @ 3% CUEQ = 21B pounds CUEQ @ CAN $0.09 / lb = $1.89B CAN = ~10/share using 180M fully diluted shares and ASSUMING 6 to 12 more months of work on drilling, assays, metallurgy, 43-101 resource...

So what is it worth NOW...in 1 month....in 2 months....3 months... ets

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opinion

4 to 6 weeks from now = .2x$10 = $2/share

12 to 16 weeks from now = .3x$10 =$3/share

some type of buyout offer or attempt coming @ $4/share  summer 2023 ( A full EFS needed for $10/s

just my opinion and $1/share any time now GLTA

[deepoil0808]

I do follow your calculations but I am stuck on one of your numbers. How did you arrive at $ .09/ lb? Cu sells at $ 3 / lb ScFE at $ 3 / gram So how do you arrive at .09 / lb Thanks in advance for your reply.

[seveneleven711]

At 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

[kenmoor]

Your new valuation is a stark difference from this post.

[kenmoor]

Using the following conservative parameters: (would be nice if you had a close friend in the mining business to explain if needed) 1. 350 million ton, 35 year mine life 2.Sc @ 50g/t....USING "45 ppm to 50 ppm" from https://www.doubleview.ca/detailed-mineralogical-study-of-scandium/ and "The scandium grade of the tailings from the flotation tests assayed 65 g/t" from