Replies to post #13196 on Double Crown Resources Inc. (fka DDCC)

[gitreal]

I just wonder if they have the capital to actually buy an operating gold mine?

Finally, someone asking a reasonable question.

And the answer - of course they don't have the capital. There is no revenue, and they only exist due to the sale of discounted shares through convertible notes.....and apparently don't even have the cash to pay for keeping up with financials.

[ProfitScout]

Remember, they have already stated that the cost of new property acquisitions will be funded by new revenues from the current gold supply contracts.

Double Crown Resources Moves Forward on Acquisition of Latin American Gold and Precious Metals Property
News Link: http://www.globenewswire.com/news-release/2016/02/03/807363/0/en/Double-Crown-Resources-Moves-Forward-on-Acquisition-of-Latin-American-Gold-and-Precious-Metals-Property.html