Doubleview Gold: I Don't Understand Their Scandium Excitement
2025-03-11 09:16:33 ET
Summary
- Doubleview Gold's copper porphyry deposit shows promise with substantial drilling results, but its economic viability depends on the deposit's size, which remains uncertain.
- The recent share price rise is due to significant drilling results, but the project's future hinges on proving the deposit's large-scale economic potential.
- I have reservations about Doubleview's focus on scandium, given my expertise in the element, making me skeptical about their overall claims.
- Investing in Doubleview is a high-risk bet on the deposit's size; I prefer to avoid projects with any red flags at this early stage.
Copper porphyry is great stuff
Doubleview Gold ( OTCQB:DBLVF ) has a claim on what they say is a good sized copper porphyry deposit. Which is great, undoubtedly. Such deposits need to be of large size to be economic but that's also where the majority of the world's current copper production comes from, copper porphyrys. Doubleview's deposit is in an area with other such deposits being mined and that's good too - we know such deposits tend to cluster....
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Doubleview Gold: I Don't Understand Their Scandium ExcitementNASDAQ: DBLVF
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