RE:RE:News on Mother Lode DepositI thought the result were good: "new mineralization center to the North, holes ended in oxidized carbonates with a grade of 3.36 g/t gold, we have been drilling the Mother Lode deposit for the past 18 months and have yet to find the edge of it in any direction."
Only concern is if Anglo is their only buyout option and it's probably in Anglo's interest to delay the buyout. Covus could become just a puppet to Anglo and continue the expolration on the property for them. Kinda of in Corvus directors interest as well to continually receive their fees from the pot.
$5.9M in the pot according to the Nov 30th financials + $2M from Anglo. Their burn rate was $2.7M the last 3 months so things should come to head in 6 months?