Last Updated – June 18, 2023
Doubleview Gold
The Market is Blind & Hindsight Could Lead to Regret Before the End of the Year
Although I believe Doubleview Gold has the most unique, most desirable and largest critical metals deposit in a tier 1 jurisdiction not yet in the hands of a major mining company, the market is blind about what’s about to unfold over the next 6 months and hindsight will lead to regret if the company delivers like it says it will.
What Makes Doubleview Gold Unique
- CEO started the company in 2008 & has never done a share consolidation
- CEO & his family have significant skin in the game & publicly stated that he remortgaged his house a few times to finance the company
- CEO is extremely dedicated & focused on maximizing the exit strategy (buyout)
- Project seems to be the only one in the region that contains cobalt (CEO confirmed with regional lab)
- It might be the only exploration play in the Golden Triangle that can drill year round due to its location, terrain and access to flowing water during winter (CEO)
- One of the largest IP footprints in North America- 3D-IP identified tonnage of ~4 billion tons & measures 2.7 km x 3.7 km. Recent drilling has expanded the mineralized zone to 1.7 km x 2.7 km & it’s still open laterally and at depth
- Seems to be the largest critical metals deposit in terms of potential size & amount of recoverable critical metal in North America
- Initiated in-depth metallurgical testing very early – 3+ years before a maiden resource estimate (pending)
- Initiated ore sorting assessment extremely early (pending)
- Claimed to have the highest scandium recovery rate in the world (currently 56% & expected to increase to 80% – 90% (CEO)
- Possibly the largest scandium deposit in the world in terms of the quantity of recoverable scandium (CEO)
- Developed a unique, one of a kind scandium extraction process which is said to be the only one that can extract scandium under normal atmospheric pressure & room temperature (this has never been done before according to the CEO). It doesn’t require the typical hundreds of millions of dollars of additional CAPEX to produce it (no large pressure cookers & high temperatures required) (CEO)
- Its scandium extraction process (~3 years in the making) has the potential to open the scandium market to mass usage by lowering the cost of the metal & allowing it to be used on electric vehicles to drastically lower their weight (increases range)
- Claimed to be the lowest scandium production cost in the world (CEO)
- Has the potential to meet scandium’s international demand in the forseeable future (Andrew Carter – world renowned metallurgist)
- Due to its potential size, desirable metals and uniqueness, there doesn’t seem to be anything like it in a desirable tier 1 jurisdiction
- Its shareholders are very strong believers of the likely outcome, many have been invested for over a decade, many hold significant positions & the majority of the voting power resides in the hands of about 10-14 significant shareholders
Why Doubleview Gold is Undervalued
Although scandium is likely going to be a huge game changer for Doubleview Gold in terms of the project’s economics and will drastically increase its desirability by a major mining company, the market is ignoring the likely outcome over the next 6 months.
I believe the market is completely ignoring everything about their scandium simply because what Doubleview Gold claims it will be able to do has never been done before. If Doubleview Gold is successful, it would revolutionize the scandium market and would help further lower carbon emissions by significantly increasing the range of electric vehicles through major weight reduction.
When a small exploration company claims that it is developing something that has never been done before, it is totally normal that it is ignored or met with doubt and skepticism until sufficient proof or endorsement is received.
What the Market Requires for it to Take Notice
I believe the following things have the potential to quickly make the market notice Doubleview Gold:
- Proof of concept about the scandium extraction process
- Further data on the scandium extraction process especially the cost effectiveness of it (pending)
- An industry veteran joins the team or makes a strategic investment
- A well known company makes a strategic investment/deal
- Release of an outstanding Maiden Resource Estimate in terms of grade & tonnage (pending)
- Assays that contain much higher gold &/or copper values (I believe the current drilling is going to do this)
- Buyout offer
A Perfect Storm is Brewing
Doubleview Gold has an extremely unique deposit and is currently taking the right steps in order to prove it to the world (in-depth & thorough metallurgical testing which will include optimized metal recoveries, developing its own unique/revolutionary scandium extraction process, investigating the production of different saleable commercial scandium salts, initiated an ore sorting assessment, will be doing a report on the cost analysis of their scandium production cost, etc.).
I believe Doubleview Gold will successfully prove to the world that it owns the most unique deposit in the world. The final metallurgy is expected in Q3’23 and in a YouTube video the CEO stated that it will include a report stating the cost figure to produce scandium and it will show to the world that it has the cheapest method of producing scandium.
If the scandium delivers as expected by the company (lowest production cost in the world, recovery of 80%-90% & ability to produce various saleable commercial salts which have values of up to 3 times more per gram than gold), Doubleview Gold’s project could become one of most economical porphyry deposits in a tier 1 jurisdiction (possibly on the planet as well) thus making it one of the most desirable ones as well.
With a commodities super-cycle expected, the green energy transition underway and the electrification of everything, critical metals will experience tremendous demand leading to shortages of many metals and consequently, much higher metal prices. Many major mining companies aren’t properly positioned to fully capitalize on the green energy transition and they will need to acquire new critical metal deposits.
For significant critical metal deposits located in desirable tier 1 jurisdictions like Doubleview Gold, the perfect storm is brewing and patience could be greatly rewarded.
Doubleview Gold’s CEO has confidently made some extremely bold statements in the last few months which could result in his dream coming true for his family. He and his family have a lot of skin in the game. He personally started the company in 2008, has made many sacrifices for it and has literally put everything into it including blood, sweat & tears. Would he risk it all by bluffing or prematurely making claims that are unlikely to occur or is he confidently making bold statements based on solid preliminary data which will likely occur as stated? I believe he’s safely making claims based on solid preliminary data and I look forward to all the pending news being released.
If the CEO proves to the world that the company owns the most unique deposit in the world by the end of this year, there will be a lot of people that will live with regret as the signs and pieces of the puzzle were bluntly obvious and I have been pointing them out for years when the stock price was flat lined at $0.10. In this sector, foresight through proper due diligence and patience leads to life changing returns and hindsight leads to regret!
The stock market is all about taking calculated risks in an attempt to attain financial freedom. One thing that is guaranteed (other than death & taxes) is one will never succeed in attaining financial freedom with any promising investment opportunity if one isn’t invested in it.
“It will be proven by the end of this year, all of a sudden to everyone, that this is the most unique deposit in the world….. I’m not saying in Canada or the United States….the most unique one in the world & you will see that how we’re going to expose it to the world to see it” Farshad Shirvani (CEO) 27 March 2023 YouTube Video Link
For more information on Doubleview Gold’s scandium:
For more information on the Green Energy Opportunity (Scandium):