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Bullboard - Stock Discussion Forum 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... see more

NDAQ:KOR - Post Discussion

Corvus Gold Inc. > Still hanging in
View:
Post by JAYDEE16 on Sep 19, 2018 9:13am

Still hanging in

I find it amazing that billions can be created overnight in this economy. The question is where is all this cash coming from . Eventually this house of cards will tumble and there will be so much capital on the sidelines gold could rally to 2k in a matter of weeks.

If you think North Bullfrog and Motherlode look attractive now just imagine what the ROI would be if that happens.

(Oh and to an early poster, I seem to remember the all in cash per ounce was close to 700$ on NB , dont quote me on that JMHO

Jayd
Comment by LiquidForum on Sep 19, 2018 2:34pm
JD as you have kind of implied all the cash came from the printing presses or has been borrowed  , Bond Like. They called it QE. 14 trillion or so. We are at their mercy and for now they keep gold low and pump fake value into the market.  Seems like they are having difficulty getting more into the Dow Bubble but they keep surprising.  Hopefully one day soon the golden gates open ...more  
Comment by JAYDEE16 on Sep 19, 2018 5:10pm
Yep , pumping low volume liquidity into after hour markets , creating hype and dumping to the masses. Just look at the Tilray today , like comeon ... Just with that move alone one person could buy Corvus . But it seems like for the moment people will buy crypto and pot and whatever the next fad is going to be .. Funny what this market has become ... Guess we don't need resources once we all ...more  
Comment by LiquidForum on Sep 19, 2018 6:14pm
OMG Tilray. What an unbelievable run up. The USA is desperate for weed stocks lol. The valuation makes no sense at all (what is it now 50x more over valued relative to overvalued WEED!) and then to be able to shelter themselves from the claws of the shorters?!  I used to think it was all going to topple and it still will but it will be when they decide it's time. I believe it was Osisko ...more  
Comment by ZippyBenji on Sep 19, 2018 7:11pm
The weed play is mostly pump and dump, print more paper turn it into cash. If you smoke it and have the right to grow it why would you purchase it at a store? It will also still be available through a black market at probably half the retail price. The license to grow just gives the black market players a place to setup their business. Common sense isn't common these days but if weed is your ...more  
Comment by JAYDEE16 on Sep 19, 2018 11:20pm
Hmm that is an interesting observation about the Denver Gold Forum . I would speculate that the shareprice is finally high enough that it now requires less promotion. Of course they are still doing the Kereport , maybe they have a personal relationship with Big Al. Its fun to imagine what is going on behind the scenes lol! One thing for sure is this team knows exactly what is required before any ...more