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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. > Short Report
View:
Post by LiquidForum on Feb 09, 2019 2:31am

Short Report

Feb 6th 150k shortersdown from 250k Jan 21. Need to stop this bleeding of value.
Comment by ZippyBenji on Feb 09, 2019 11:29am
Per online report "We have picked up in conversations that in fact Goldcorp, apparently in anticipation of the merger with Newmont, has started to come off its 1mn share position which it received when it sold the Motherlode deposit to Corvus in June of 2017. Once Newmont got involved the selling was stopped and we have been told that there is currently no sell order from Newmont in the ...more  
Comment by CovieNRA on Feb 09, 2019 9:48pm
So hopefully we are indeed at the bottom.  I don’t think as long as I live I will ever fully understand precious metals stock investing.
Comment by ZippyBenji on Feb 10, 2019 2:24pm
Hopefully, I'm more concerned about the Prospectus idea hanging out there. If they have to raise $30M what price will they put on the offering? and if you were a big block investor why would you buy up market shares if you can get a big block through this offering. The question is will they push the shares up and get a price over $3 with the prospectus? Our shares get deluted and warrants are ...more  
Comment by LiquidForum on Feb 11, 2019 2:51am
The prospectus leaves all option on the table I would think Corvus wil continue down the path with no warrants and raising funds as needed unless they drop a bomb and finance near the 3.75$ range. If they issues warrants at anywhere less than that the gigs up and dilution and white collar games win. They haven't spent 30 million in the last 5 years so what gives?