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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. > How big was this shareholder that passed away?
View:
Post by NorthBayStreet on Apr 25, 2019 12:54pm

How big was this shareholder that passed away?

$1.75....new 52-week low
Comment by ZippyBenji on Apr 25, 2019 1:03pm
Equally important question: Insiders where supported moving off their stock to exercise their options, over 4.5M shares changed hands quickly. Why isn't there a buyer lined up to take over this position? Beginning to think they don't care about the market, most of the shares are in it for the long term take over game. Hopefully I'm wrong.
Comment by CovieNRA on Apr 25, 2019 2:36pm
But that doesn't make sense either. If someone really, strongly believed that Agnico or somebody else buys this company out for CDN $3-$4, then at the current $1.80 they would be getting anywhere between a 67% and 122% return on their money. So you would think that "they" or somebody would consider $1.80 almost a fire sale price. Yet here the stock price continues to languish. This ...more  
Comment by ZippyBenji on Apr 25, 2019 7:48pm
I don't think fundamentals play into the stock value. The majority of the shareholders are in it to the buyout. The company hasn't sold out to the pump and dump market players but at the same time spends very little time promoting it. You have to really dig on the net to get the story even then its diluted. Anglo is probably happy to drag this out and have Corvus do the drilling. If you ...more  
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