For what it's worth.
Taylor upgrades Corvus Gold to buy
2020-04-02 19:55 ET - In the News
Jay Taylor, in the March 18, 2020, edition of Gold, Energy & Tech Stocks, says buy Corvus Gold Inc., recently $1.29. Mr. Taylor previously said buy four times from Feb. 12, 2014, to April 17, 2018, at prices ranging from 79 cents to $2.58. Assuming a $1,000 investment for each of the four buys, the $4,000 position is now worth $3,698. Corvus owns the side-by-side North Bullfrog and Mother Lode deposits in Nevada. It is currently working on a phase 4 drill program at Mother Lode, with the aim of extending mineralization at depth and along strike. Mr. Taylor does not list any drill results but says they have been "very strong." He acknowledges that he has been lukewarm on Corvus in the past, mainly because its semi-advanced stage of development led him to perceive it as "simply a boring permitting, engineering and funding story." Yet the company now appears to be on the verge of a major expansion of its Mother Lode deposit. This deposit is already sizable, with an estimated net present value of $1.07-billion (U.S.), and the possibility of a large, high-grade feeder zone has Mr. Taylor salivating. "I'm once again getting very excited about this story," he declares, upgrading the stock to a buy.
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