News Details – Smallcapnetwork
Double Crown Resources (DDCC) Just Became a Double-Barreled Opportunity
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February 2, 2024

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PDT

Good morning again, folks. Yes, it's another morning edition of the SmallCap Network newsletter, because a couple of news items came up that can't wait. First, just a quick note (and we'll remind you of this again as the date nears) that Oakridge Global Energy Solutions (OGES) is going to be featured in a Fox Business Network mini-series. The 90-minute, three-part piece will look at the advances the company has made in the lithium battery technology arena, and how it intends to grow the business. It'll be interesting to be sure, but perhaps more than that, the mini-series will introduce OGES to a huge swath of investors that have never even heard of it before. That could be very good for the stock. The first airing is scheduled for July 31st, at 1:30 pm EST. As for today's main event, we received a request from a reader, and just by sheer luck the news we've got for you delivers the very thing he was asking for. Eric writes: "I've been receiving your free newsletter for a while now and would love to hear some follow up thoughts on Double Crown Resources (DDCC). You were covering it regularly for a while and then it just dropped off. Thanks." Thanks for the e-mail Eric, and thanks for being a reader. We don't say it all that often, but this is the perfect reason to let you know we here at the SCN are of the "not too much, not too little" mindset. By that, I just mean we only send you something about our Featured Stocks when there's something noteworthy news-wise, or chart-wise. We know your time is valuable, so if there's nothing terribly urgent about DDCC or any of our other names, we'll use our newsletter's time and space to share some other thoughts with you. On that note... Funnily enough, something worth sharing with you about Double Crown Resources popped up this morning. The full press release is below. But, I can sum it up for you here - the company has started to deliver the gold it said it would deliver pursuant to the press release issued in January, calling for a supply of $20 million worth of gold per month. Specifically, the terms of the agreement specify "monthly deliveries of no less than 500 kg of gold dore bars and 100 kg of gold bullion over the next 12 months." It's not clear exactly how much of those monthly transactions Double Crown will be able to put in its pocket. Then again, it's a $6.7 million company. Any level of revenue is going to be a big deal. Now, for those of you who know the DDCC story well, you'll immediately recognize why this news sounds so odd. The vast majority of the Double Crown Resources discussion to date has focused on its Translock2 ("Translock Squared") invention, which combines the ease of interlocking intermodal containers and the delivery vessels of drybulk goods -- sand, grain, iron ore pellets, etc. -- into something that simplifies shipping for a huge segment of the commodities market. We explained the whole thing with our initial look at Double Crown Resources, which you can review right here. As we also said back on May 10th though, DDCC wasn't just a shipping play. It was also a play on the rebounding commodities market. Today's news is a layer of evidence to that end. In the interest of time we won't get into all the intricacies of this side of the company's business. We'll just say Double Crown is in the minerals and metals business, but only digs up what it knows it can sell. By pre-arranging offtake agreements for everything from gold to sand to guar gum before mining them or securing them, the company doesn't waste precious time and money finding and developing sources for these materials. You can bet there were a lot of gold miners that wished they hadn't opened a proverbial can of worms by committing to huge gold mining operations in 2011, right before gold prices imploded. Double Crown's model sidesteps this kind of trap. With all of that being said, there was a small part of today's press release that piqued my curiosity. The release said: "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." This is actually a new development... one most of the market may not have heard about. Thing is, the guys and gals running Double Crown Resources are very good inventors, very good with patent law, and very savvy business developers. They've already proven it with their work so far with Translock2. If they can do the same with this metal processing technology, it could be huge. In any case, we've got a couple of final thoughts before leaving you with the press release. The first one is, with deliveries now starting to flow, look for real revenue to start being reported. There wasn't any to speak of before, but the switch just got flipped to "on." The other take-away is much more philosophical, but also has the potential to make an even bigger impact on the value of DDCC shares. That is, Double Crown Resources is now a double-barreled opportunity, fueled and funded by current, reliable revenue while it continues to cultivate what could be considered a business lottery ticket... Translock2. All it would take is one or two licensing deals with shipping container makers to turn into a windfall for the company and its shareholders. We equate it to a biopharma that's selling a basic over-the-counter pain-killer, and using that revenue to fund the development of a cancer drug. There just aren't enough such self-funding outfits out there. DDCC is one of the few, which is why we like it so much. This is one we feel you just have to give some time to let it get to where it's going, although today's news should accelerate the journey. Here's the press release. 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: (707) 961-6016 Email: info@doublecrownresources.com