Corvus Gold Inc. KOR

valuation very loww

[jmarks10]

Any one think Corvus mgt will take 3.20 with the Mother Lode loaded with fabulous new hot spots? I thin theey are looking 4 the lowest they would consider what the ML indication of new hot areas. I think 5 to 7 is the area when the new PEA comesout. This is regardless of spot price. JMHO

[ZippyBenji]

The valuation in that report is a joke IMO! It's based on KOR having a total of 1.2Moz which is the amount inferred for just the North Bullfrog area back in the 2015 PEA. The North Bullfrog might even be bigger with later additional discovery zones. When you add the Motherload area the total oz could be 2-3Moz. So in simple terms, assuming the costing side is correct in the report, the