Int'l Speculator says buy Corvus Gold Int'l Speculator says buy Corvus Gold
Ticker Symbol: C:KOR
Int'l Speculator says buy Corvus Gold
Corvus Gold Inc (C:KOR)
Shares Issued 65,115,028
Last Close 9/17/2013 $1.23
Wednesday September 18 2013 - In the News
The International Speculator, in its Sept. 6, 2013, issue, says buy Corvus Gold Inc. at $1.04, officially, "Buy first tranche." The newsletter said buy on June 6, 2012, at 90 cents and again on Feb. 6, 2013, at $1.37. Assuming investments of $1,000 each time, the $2,000 position is worth $1,896. The writer notes Corvus released drill results in August that showed 128 metres of 0.53 gram per tonne gold at its North Bullfrog project in Nevada. With the shares up, he advises only buying on the dips. Elsewhere in the current edition, senior metals investment strategist Louis James encourages subscribers with optimistic comments about the current junior market. He says the lucky subscribers who bought near the recent low points should be thinking about taking profits. The rest, like Mr. James, who bought earlier at higher prices but averaged down this year, should have the chance to do the same in the coming months. Mr. James also spends time with a monthly offering of Casey-esque doom and gloom. He says a "powerful force in play" is the impending debt-ceiling crisis in the United States. The last one, in 2011, saw gold rise to over $1,900 an ounce, but he cautions that gold's 2011 high point may not be repeated this time.
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