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Corvus Gold Inc. KOR

Corvus Gold Inc is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in the North Bullfrog Project and the Mother Lode Property in Nevada. Geographically, it has a presence in the United States and Canada. The North Bullfrog project represents a low-sulphidation, epithermal bulk-tonnage gold system based in volcanic and sedimentary rocks. Its Mother Lode project has many federal unpatented...


NDAQ:KOR - Post by User

Post by LiquidForumon Mar 14, 2019 6:55pm
99 Views
Post# 29488346

30 millions

30 millions30 million complicates things a bit. Corvus has probably put just over that into their past 10 years. Anyways it is an enormous amount of money and dilution. I'd rather see us bought out for 4.20 and move on. Too bad this play isn't about me and is about to have its scope widened significantly. Going to eat up some time and plenty more opportunity cost. Had I known we'd get this complicated I would have moved on near the highs.  I would hate to see warrants offered for any less than 3.25 per share financing but for that kind of cake expect the pot to be sweetened. Anyways despite the slap in the face investers will and have taken in the short term expect these 30millions to aquire more ground and to drill said grounds into Swiss cheese. We are in good hands but the clock is ticking. Hope they make the dilution payback quickly. The resource has grown significantly since last RE. Corvus must continue to protect its share structure or us retailers are going to get pants pulled down in the end. 
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