ALPHA DOSSIER: DOUBLEVIEW GOLD CORP. – TSX.V DBG: The Next Strategic Metal Superpower Hidden in British Columbia
Executive Summary
Doubleview Gold Corp. (TSX.V: DBG) isn’t your average junior. This is a company with its foot firmly planted in one of the most consequential mineral stories of the next decade. While short-term trading often overlooks strategic value, Doubleview’s Hat Project has garnered attention from sovereigns, majors, and strategic investors evaluating scandium’s long-term potential. Why? One word: Scandium. Not just any scandium deposit—arguably the largest known scandium deposit on Earth, hidden in plain sight in British Columbia’s prolific Golden Triangle.
Add in the copper, gold, cobalt, and silver credits, and Doubleview’s Hat Project becomes the kind of asset that doesn’t just get explored—it gets acquired.

Company Overview
Ticker: TSX.V: DBG
Stock Price: $0.78
52-Week Range: $0.29 – $0.89
Market Cap: ~$158M CAD
CEO: Farshad Shirvani
Stage: Resource Development, PEA and MRE pending

Doubleview Gold Corp. has spent the last decade consolidating its position in northwestern B.C.’s richest mining corridor. While others chase marginal ounces, Doubleview is carving out a foothold in the age of critical minerals.
What Sets Hat Apart?
Let’s be clear: there are precious few scandium deposits globally. China and Russia have held court. That changes now.
Strategic Courtship: Enter the Qataris
Her Excellency Sheikha Sara Nasser Al-Thani, a member of Qatar’s royal family, isn’t known for wasting time. She’s been working closely with Doubleview to evaluate an investment by Middle Eastern sovereign wealth capital—likely through the Qatar Investment Authority (QIA). Engagements of this nature typically reflect the asset’s potential to contribute to strategic resource supply chains and long-term value creation.
With the Hat’s scandium potential, Doubleview isn’t just a mining play. Its a potential strategic supply chain asset, and the world is waking up to its implications.
What is Scandium and Why Should You Care?
Scandium is the secret weapon of the future.
- Superalloy enhancer for aluminum, increasing strength, conductivity, and corrosion resistance
- Essential in aerospace, defense, EVs, and hydrogen fuel cells
- Priced in grams, not ounces—small tonnage, massive margins
Governments are now designating scandium as a critical mineral. But guess what? There’s no secure supply chain. Doubleview has the solution, and it’s in North America.
Drill to Kill – The Resource Just Got Real
Doubleview is drilling with purpose:
- Expanding the scandium zone to unlock inferred and indicated status
- Upgrading copper-gold-cobalt resources
- Advancing toward an updated NI 43-101 Resource Estimate and a Preliminary Economic Assessment (PEA)
Each hole adds tonnage. Each ton makes the acquisition case stronger.
Market Analysis: Scandium’s Supernova Moment
The scandium market is tiny—but that’s exactly the point. Demand is exploding, and there’s no reliable supply chain.
- Estimated market size: ~$750M by 2030 (from less than $200M today)
- Drivers: aluminum-scandium alloys in aerospace and EVs, solid oxide fuel cells, defense applications
- Current producers: byproduct output from China and Russia — unstable and opaque
North American OEMs and defense contractors cannot rely on offshore sources. The U.S. and Canada have both labeled scandium a critical mineral. The playbook is being written right now—and Doubleview has the pen.
Technical Resource Summary
While scandium is the headline, the Hat deposit is also a robust copper-gold-cobalt system.
Highlighted Drill Intercepts:
- 327.7m @ 0.57% CuEq (including scandium credits)
- 213.5m @ 0.71 g/t Au, 0.38% Cu, 24.6 g/t Sc
Exploration Timeline:
- 2013–2019: Initial discovery and core zone definition
- 2020–2023: Deeper drilling expands polymetallic mineralization
- 2024: Resource expansion and Scandium zone delineation
Project Footprint:
- +6,300 hectares in a historically underexplored belt
- Road and hydroelectric proximity for development-stage logistics
The upcoming Mineral Resource Estimate will be the company’s first time quantifying scandium in tonnage terms—this is a major revaluation catalyst.
Valuation & Peer Comparison
Let’s talk numbers.
Company | Market Cap (CAD) | Primary Metal | In-Situ Value | Stage |
---|---|---|---|---|
Doubleview | ~$150M | Sc, Cu, Au | +$50B+ (est.) | PEA pending |
NioCorp Developments | ~$90M | Sc, Nb, Ti | ~$5B | Feasibility |
Clean TeQ Holdings | ~$160M | Sc, Ni, Co | ~$7B | DFS Complete |
Doubleview is trading at less than 0.3% of its in-situ value, and that’s without counting scandium formally. Post-MRE, expect re-rating.
M&A Potential: The Real Endgame
With a focus on advancing strategic assets, Doubleview’s development path aligns with the criteria sought by larger acquirers seeking critical minerals exposure.
- Major mining companies need strategic metals
- Defense contractors and sovereign buyers need secure scandium supply
- Funds chasing ESG and critical mineral exposure are positioning
The juniors that survive aren’t the ones with ounces. They’re the ones that solve real problems for real buyers. Doubleview checks every box.
Valuation Disconnect: The Market Is Sleeping
- Doubleview trades at a fraction of its in-situ value
- No resource calculation yet for scandium = hidden upside
- Once MRE + PEA drop, the re-rate is inevitable
Investors should consider the company’s current valuation and strategic positioning ahead of potential increased institutional interest.
Conclusion: Why Now
There are moments in the market when you see it before the crowd. Doubleview is one of those rare plays with:
- A strategic critical metal
- A world-scale resource
- Onshore North American jurisdiction
- Institutional interest already in motion
- And most importantly—acquisition written all over it
Given the Hat Project’s scale and strategic critical metal profile, acquisition interest remains a key consideration in Doubleview’s future trajectory.
Visit: www.doubleview.ca
Disclosure Statement
This article contains forward-looking statements regarding the company featured. These statements are based on current expectations and assumptions and involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements.
GEKKOvsWOLF has a business relationship with the company featured in this article, as an affiliate of this website is a director and/or insider of the company. This relationship may present a potential conflict of interest. The following article was authored by an independent contributor and reflects their personal views. The author and/or GEKKOvsWOLF affiliates may hold securities of the company and could benefit from share price appreciation. This article is for informational purposes only and does not constitute financial, investment, or legal advice.
Readers are strongly encouraged to perform their own due diligence and consult with a licensed financial advisor before making any investment decisions. Investing in junior resource companies or crypto-related projects involves significant risks, including the potential loss of principal. For comprehensive and up-to-date information, refer to the company’s public filings on SEDAR+, OTC Markets, EDGAR, and other official disclosure sources.