Replies to post #9910 on Double Crown Resources Inc. (fka DDCC)

[ProfitScout]

Thanks for the DDCC news, GD and yes it is outstanding. That's the way to kick off a new year! I can do some pretty good math right away... $20 million x 12 months.

[doogdilinger]

Also gotta absolutely luv this part dolphin>>>

In addition to the 1st commercial contract for gold shipments just completed, a number of other specific precious metals supply agreements are also moving forward at this time. New details will be announced as developments occur. Double Crown management looks forward to keeping shareholders well informed of our progress as we expect a strong and prosperous year for the company ahead in 2016.

[ProfitScout]

I see iHub just put up a news flag for today's DDCC announcement to their whole network here. More eyes for the great company news today.

Also, here are some other pick-ups I have found going up now:

CNN Money site:
http://money.cnn.com/news/newsfeeds/articles/globenewswire/6117800.htm

Jim Cramer's TheStreet.com site:
http://www.thestreet.com/story/13415783/1/double-crown-resources-announces-signed-contract-for-gold-deliveries-valued-at-over-20-million-per-month-throughout-2016.html

NASDAQ site:
http://www.nasdaq.com/press-release/double-crown-resources-announces-signed-contract-for-gold-deliveries-valued-at-over-20-million-per-20160107-00450

[kommisar7]

when I read the news correctly then $ 240 million is DDCC earn gold in the 2016 year and there are more planned deliveries of other commodities.
if the share structure is still currently we have
1bn AS
500 million OS
and 250 million in float
So here Dind rates to 0.5 $ entirely possible if I suggest that correctly.....??

[ProfitScout]

Gold Rises Again Amid Global Market Tremors

Posts fourth straight day of gains for the new year, rising 1.5% to settle at $1,107.80

By CHRISTIAN BERTHELSEN, ESE ERHERIENE and ALISTAIR MACDONALD
Updated Jan. 7, 2016 2:32 p.m. ET

News link: http://www.wsj.com/articles/gold-prices-rise-on-global-market-geopolitical-turmoil-1452168171

Gold is regaining its luster as the ultimate safe haven for investors.

As global stock markets have come unglued in the first days of 2016 because of worries about weakening economic growth in China and geopolitical unrest over both the Middle East and North Korea, investors have been returning to the market to play defense.

Though gold is traditionally viewed as a risk-off asset, in recent months the $30 billion market has been driven more by anticipation of the Federal Reserve’s interest rate increase and the strength of the U.S. dollar. Investors had pulled back from bullish bets on precious metals in the expectation that a rate increase from the Fed would make metals a less attractive investment compared with such yield-bearing securities as Treasurys.

Financial investors, such as hedge funds, had placed more bearish bets on gold than bullish ones in 2015, for the first time since U.S. regulators began keeping records in 2006. A combination of the expected Fed rate increase, improving global economic signals, rising stock prices and low inflation undermined the case for gold, and prices fell more than 10% last year.

Now, though, the worries rippling through global markets are turning gold into one of the few market bright spots of the new year. Gold prices have gained more than 4% to start the year, hitting their highest level since early November.

On Thursday, gold posted a fourth straight day of gains for the new year, rising 1.5% to settle at $1,107.80 a troy ounce on the Comex division of the New York Mercantile Exchange.

Meanwhile, the major indexes in the U.S., Europe and China are all down in the new year. Through Wednesday, S&P was down 2.6%, Stoxx Europe was down 3% and Shanghai was 5% lower.

“What’s happening to gold is a reflection of how U.S. and global stock markets are doing,” said Jeffrey Nichols, senior economic adviser to Los Angeles bullion dealer Rosland Capital. “The world depended on China in recent years for much of the upward momentum in world equity prices. As we can see in the past few days, that was built on false hopes.”

The gains in gold have come as China’s stock market tumbled on a currency devaluation that raised further questions about the world’s No. 2 economy and fueled concerns over capital flight. Investors have returned to the gold market amid tensions between several Middle Eastern states and Iran after Saudi Arabia’s execution of a Shiite cleric, and worries over North Korea’s announcement that it successfully tested a hydrogen bomb. And minutes of the Fed’s December meeting showed board members remain fearful of raising rates too quickly for fear of undercutting growth have added to the gains.

“We’re now seeing a clear shift back into gold,” said James Steel, chief precious metals analyst at HSBC Securities in New York.

The turmoil could benefit gold in another way, if it slows down the pace of U.S. interest rate rises. U.S. monetary policy dominated trading in gold last year, given higher rates boost the dollar and make this metal less competitive against interest-bearing investments.

“The longer the turmoil in the financial markets continues, the more market participants are likely to have doubts about the Fed rate-hike cycle being continued in the near future,” Commerzbank said in a research note. “We believe this would be positive for gold because the opportunity costs of holding gold would remain low in this scenario.”

Still, some analysts expect the safe-haven boost to be short-lived, pointing out that more recent gains on the flight to safety have been brief. Last year, gains in gold that came out of civil war in Ukraine and the China-induced turmoil in August were shallow and lasted for only days.

“You tend to find geopolitical issues tend to only be short-term drivers or supporters for gold,” said David Wilson, director of metals research and strategy at Citigroup Inc.

Write to Christian Berthelsen at [e-mail], Ese Erheriene [e-mail] and Alistair MacDonald at [e-mail]

[ProfitScout]

Anyone can easily see all of the DDCC news on the Double Crown Resources company website.

Here's a direct page link: http://www.doublecrownresources.com/news-media/press-releases

This company is very good about keeping its website up to date.

[ProfitScout]

Double Crown Resources Moves Forward on Acquisition of Latin American Gold and Precious Metals Property

New Plans Aim to Significantly Increase Company Revenue Flow by Mid-2016

HENDERSON, NV, Feb. 03, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), a fully reporting company, is pleased to announce it has executed a binding Letter of Intent to acquire controlling interest in a Latin American precious metals resource property which has yielded gold, silver and other valuable metals for hundreds of years. Upon completion of due diligence, Double Crown will contract to purchase 51% ownership of the property and assume its management role. Since all previous precious metals extractions from this property have been done only by local populations using manual methods, there is excellent opportunity for Double Crown to utilize modern technology to expand the scale of recovery to a level appropriate for the global markets.

Double Crown intends to finance new commercial production of the region and this acquisition by leveraging the revenues earned from its recent gold supply contract announced on January 7, 2016. The loan package that is being developed will provide for acquisition and production costs. Debt servicing of the loan will be paid for by Double Crown from its negotiated fees on the first supply contract. Double Crown has committed to invest up to $1,000,000 of its fees towards the new loan which will provide Double Crown controlling interest in mineral rights. It is estimated that Phase I of production can result in cash flowing to Double Crown by June of 2016. At this time, we are negotiating with several additional buyers for precious metals and we intend to sign new contracts in the near future. Our next steps are to procure the loan package as well as to confirm the acquisition region’s precious mineral resources and/or reserves by additional sampling and testing and then issue a 43-101 document. Further information will be released as progress is made.

Regarding these acquisition plans, President Allen E. Lopez commented, "With the global commodities markets turning so strongly in favor of gold and precious metals now, Double Crown Resources has adapted its business plan to focus a primary effort on this high value sector. We also anticipate that Phase II of the original gold supply contract which was recently announced, has the potential to more than double our net compensation. Phase II, which would begin in a few months, will allow for payment of our operating costs as well as other obligations such as implementation of Translock² containers specifically built for precious metals and related aggregate materials. Our updated business plan is close to completion and we will be touching on its high points in future announcements. At this time, Double Crown management would like to offer sincere appreciation for all the support we have received from our investors in the last few months as we worked to establish our position in the precious metals markets. We intend to do everything in our power to repay that support with enhanced shareholder value in the balance of 2016 and beyond.

About Double Crown Resources, Inc.

Double Crown Resources, Inc., is a public, fully reporting company in the natural resources industry. In addition to our oilfield services business, we market the patent-pending, multi-advantage container system called Translock². This system is designed for highly efficient, economical and environmentally friendly shipment of aggregate commodities to the oilfield services industry. Additionally, we hold a 100% interest in the Bateman gold and nickel prospect near Thunder Bay, Ontario, Canada. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV with marketing offices in Houston, TX.

Neither this press release nor any related calls or discussions constitutes an offer to sell, or the solicitation of an offer to buy, any securities.

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company's annual report on Form 10-K for the year ended December 31, 2014 as updated from time to time in our filings with the Securities and Exchange Commission. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services. For further information about Double Crown Resources, Inc., please refer to its website at http://www.doublecrownresources.com.


Double Crown Resources, Inc.
Jerold S. Drew, CEO & Chairman of the Board
10120 S. Eastern Ave. Suite 200
Henderson, Nevada 89052
Phone: [phone]
Email: [e-mail]

[gitreal]

HENDERSON, NV, Jan. 07, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), a fully reporting company, is very pleased to announce that a final contract has been signed with a major buyer of precious metals from South Korea for regular shipments of gold products in 2016 valued at over $20 million per month, gross revenue. Terms of the agreement specify monthly deliveries of no less than 500 kg of gold doré bars and 100 kg of gold bullion over the next 12 months. Precious metals sources for these orders will be from multiple locations in Double Crown's established mining resource network throughout Central & South America. Double Crown anticipates arranging for the first shipment to be sent within the month of January.

If a final contract was signed, with gold deliveries to start in January (nearly 6 months ago), yet never happened, shouldn't an 8-K be issued to explain what happened? If investors bought in because of this "very important contract", is it not a material event that it was canceled (or never existed, more likely)?

Never mind, this company has gone dark, why worry about required SEC filings?

[gitreal]

It was a boldfaced lie, wasn't it?! Where's the gold?

HENDERSON, NV, Jan. 07, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), a fully reporting company, is very pleased to announce that a final contract has been signed with a major buyer of precious metals from South Korea for regular shipments of gold products in 2016 valued at over $20 million per month, gross revenue. Terms of the agreement specify monthly deliveries of no less than 500 kg of gold doré bars and 100 kg of gold bullion over the next 12 months. Precious metals sources for these orders will be from multiple locations in Double Crown's established mining resource network throughout Central & South America. Double Crown anticipates arranging for the first shipment to be sent within the month of January.

[ProfitScout]

Double Crown Resources Commences Delivery of Gold for Multi-Million Dollar Supply Project Announced Earlier in 2016

New Revenue Flow to Support Development of Full Company Business Plan

HENDERSON, NV, July 19, 2016 (GLOBE NEWSWIRE) -- Double Crown Resources, Inc. (DDCC), is pleased to announce that after months of extensive planning and negotiations regarding the precious metals segment of our business plan, and a signed contract announced earlier in 2016, company representatives are currently in transit to deliver the first multi-million dollar shipment of gold to its buyer from our established Latin American mining sources. The significant revenue flow to Double Crown from these gold shipments will support all of the company's projects including mineral property acquisitions under consideration and also the advanced Translock² intermodal transport system which has recently been granted patent approval by the U.S. Patent and Trademark Office.

Company President Allen E. Lopez and our due diligence team, are scheduled to travel this month to inspect sites in North America for additional sources of gold and other precious metals to meet our customer demands. Double Crown intends to employ new, state of the art gravity wave and resistance technology, which is under exclusive contract, to fast track and indicate the presence of precious metals resources at these sites. We are also in the process of evaluating another new technology with the potential to revolutionize the processing of precious metals. This technology is environmentally safe (green), it returns the processing water clean, and gives a higher yield of the much desired minerals. Once this new processing equipment is adequately tested, we will make more detailed announcements on the performance of the system and our plans for its employment.

About Double Crown Resources, Inc.

Double Crown Resources, Inc., is a publicly traded company in the natural resources industry. In addition to our minerals and global commodities supply business, we market the patent-pending, multi-advantage container system called Translock² (Translock Squared). This system is designed for highly efficient, economical and environmentally friendly shipment of aggregate commodities. Additionally, we hold a 100% interest in the Bateman gold and nickel prospect near Thunder Bay, Ontario, Canada. Double Crown Resources, Inc., originally founded in 2006, is based in Henderson, NV with marketing offices in Houston, TX.

Neither this press release nor any related calls or discussions constitutes an offer to sell, or the solicitation of an offer to buy, any securities.

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company's annual report on Form 10-K for the year ended December 31, 2014 as updated from time to time in our filings with the Securities and Exchange Commission. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services. For further information about Double Crown Resources, Inc., please refer to its website at http://www.doublecrownresources.com.

Double Crown Resources, Inc.
Jerold S. Drew, CEO & Chairman of the Board
10120 S. Eastern Ave. Suite 200
Henderson, Nevada 89052
Phone: [phone]
Email: [e-mail]

News Link: http://www.globenewswire.com/news-release/2016/07/19/857149/0/en/Double-Crown-Resources-Commences-Delivery-of-Gold-for-Multi-Million-Dollar-Supply-Project-Announced-Earlier-in-2016.html