DBV.v Doubleview Capital Corp. (DBV, TSX-V) Update
Last week was a powerful one for Doubleview Capital (DBV, TSX-V) as it soared from 26 cents to a new all-time high of 40 cents before settling Friday at 35 cents for a 31% weekly gain…speculation is obviously ramping up with regard to upcoming results after the company recently completed its first phase of 2014 drilling at the Hat to follow up on discovery holes HAT-08 and HAT-11…DBV’s April 30 news release stated that results from this latest drilling can be “expected within four weeks”…
What’s driving Doubleview is not just the potential of the Hat Property, given results to date, and the prolific nature of the Sheslay Valley, but the vision and steadfast determination of President and CEO Farshad Shirvani…during our Hat Property and Sheslay area visit a month ago, we were able to conduct a 1-hour video interview with Shirvani…we’ll be showing some excerpts of that next week…what that interview revealed is a very focused individual who understands the challenges he faces but has a vision and a game plan, including the right people surrounding him, to succeed…that’s what it takes in life to be a winner…the junior exploration business is no different…
“We’re going to have a very aggressive year, that’s my plan,” Shirvani told us. “For that aggressiveness, the plan that I have, we need more than one rig. I don’t know how many right now but we have it on the plan. I’m really working on it, setting the blueprint. My plan…the dream is…to have it (the Hat) at a level where we have a resource calculation by the end of this year – at least on the four anomalies that I’m planning to put into action. I want to do it as I want to give the company what it deserves – and put it in as an asset of the company.”
During our couple of days at the Hat, there wasn’t anything Shirvani wasn’t prepared to do – whether that meant cooking a meal, hauling equipment, prospecting, offering encouragement, or finding a new way to save some money for shareholders…it’s that kind of leadership that gives us confidence that Doubleview has a great shot at remarkable success…the same can be said, in fact, for all the companies active in the district which is one key reason we’re so bullish on the entire Sheslay Valley – interestingly and importantly, each company in the area has its own unique “people strengths” and we’ll explore that issue in more detail in the coming weeks…
Farshad at Anomaly C
DBV President and CEO Farshad Shirvani examines the reported outcropping mineralization at Anomaly C, more than 2 km W-NW of Anomaly B discovery holes HAT-08 and HAT-11 (BMR photo from early April site visit).
DBV 3-Year Weekly Chart
Below is an updated 3-year weekly DBV chart from John…with a confirmed breakout above 34 cents, what to watch for now is whether that level now holds as new support…the overall trend remains strongly bullish, as shown by the ADX indicator…the rising 50-day SMA (not displayed on this chart, currently at 26 cents) provides strong secondary support…ultimately, drill results will of course determine the stock’s fate, and there is risk in DBV as there is in almost any investment…never invest money you can’t afford to lose and never forget to take profits off the table from time to time…that said, nothing beats the leverage this industry provides, and the Sheslay Valley sure feels like it’s shaping up to become the hottest exploration camp B.C. has seen in many years…DBV is unchanged at 35 cents as of 7:30 am Pacific…
DBV19http://www.bullmarketrun.com/?p=21938
Last week was a powerful one for Doubleview Capital (DBV, TSX-V) as it soared from 26 cents to a new all-time high of 40 cents before settling Friday at 35 cents for a 31% weekly gain…speculation is obviously ramping up with regard to upcoming results after the company recently completed its first phase of 2014 drilling at the Hat to follow up on discovery holes HAT-08 and HAT-11…DBV’s April 30 news release stated that results from this latest drilling can be “expected within four weeks”…
What’s driving Doubleview is not just the potential of the Hat Property, given results to date, and the prolific nature of the Sheslay Valley, but the vision and steadfast determination of President and CEO Farshad Shirvani…during our Hat Property and Sheslay area visit a month ago, we were able to conduct a 1-hour video interview with Shirvani…we’ll be showing some excerpts of that next week…what that interview revealed is a very focused individual who understands the challenges he faces but has a vision and a game plan, including the right people surrounding him, to succeed…that’s what it takes in life to be a winner…the junior exploration business is no different…
“We’re going to have a very aggressive year, that’s my plan,” Shirvani told us. “For that aggressiveness, the plan that I have, we need more than one rig. I don’t know how many right now but we have it on the plan. I’m really working on it, setting the blueprint. My plan…the dream is…to have it (the Hat) at a level where we have a resource calculation by the end of this year – at least on the four anomalies that I’m planning to put into action. I want to do it as I want to give the company what it deserves – and put it in as an asset of the company.”
During our couple of days at the Hat, there wasn’t anything Shirvani wasn’t prepared to do – whether that meant cooking a meal, hauling equipment, prospecting, offering encouragement, or finding a new way to save some money for shareholders…it’s that kind of leadership that gives us confidence that Doubleview has a great shot at remarkable success…the same can be said, in fact, for all the companies active in the district which is one key reason we’re so bullish on the entire Sheslay Valley – interestingly and importantly, each company in the area has its own unique “people strengths” and we’ll explore that issue in more detail in the coming weeks…
Farshad at Anomaly C
DBV President and CEO Farshad Shirvani examines the reported outcropping mineralization at Anomaly C, more than 2 km W-NW of Anomaly B discovery holes HAT-08 and HAT-11 (BMR photo from early April site visit).
DBV 3-Year Weekly Chart
Below is an updated 3-year weekly DBV chart from John…with a confirmed breakout above 34 cents, what to watch for now is whether that level now holds as new support…the overall trend remains strongly bullish, as shown by the ADX indicator…the rising 50-day SMA (not displayed on this chart, currently at 26 cents) provides strong secondary support…ultimately, drill results will of course determine the stock’s fate, and there is risk in DBV as there is in almost any investment…never invest money you can’t afford to lose and never forget to take profits off the table from time to time…that said, nothing beats the leverage this industry provides, and the Sheslay Valley sure feels like it’s shaping up to become the hottest exploration camp B.C. has seen in many years…DBV is unchanged at 35 cents as of 7:30 am Pacific…
DBV19http://www.bullmarketrun.com/?p=21938
