$DBG.V /
$DBLVF
Today’s news made Doubleview Gold one of the top percentage gainers on the TSX-V, with very strong volume.
In my opinion, today's news is significant because it clearly signals to the broader market what many long-term shareholders believe the company has been diligently positioning itself for.
Doubleview Gold’s recent PEA reported an after-tax NPV(5%) of C$6.73B–C$7.27B at consensus prices and C$13.53B–C$14.85B at spot prices, based on only ~100 drill holes, with the deposit still open in all directions.
The Hat Project, located in a desirable tier 1 jurisdiction 🇨🇦, is a rare, strategic North American critical minerals asset containing significant amounts of
#copper,
#gold,
#cobalt, and
#scandium, and the company has indicated it has received some interest from several parties.
While today’s move could mark the beginning of the next leg higher if follow-through and volume continue, today’s news may also signal the beginning of the final strategic chapter that long-term shareholders have been waiting for.
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Disclosure: T$R initiated Doubleview Gold coverage independently on 14 June 2020 at ~C$0.11/share. D4, founder of T$R, and D4’s spouse hold Doubleview Gold shares and may buy or sell at any time without notice. T$R and D4 have never received compensation from Doubleview Gold. A financial interest/conflict exists, and this content may reflect bias. Opinion only. Not investment advice. Full disclosures:
member.tsr-d4.com/disclosure…