I wrote a few weeks ago, “Corvus may now bounce off its 50 day moving average at $1.15 and breakthrough resistance at $1.30. The next target would be all time highs at $1.80.” I also sent out this chart several weeks ago.
Corvus is now testing the major resistance of all time highs at $1.80. The next possible breakout is the 2012 high right here at $1.80. If Corvus breaks through that high, then it would be my subscribers second time since 2011 of making a double on this top notch junior gold miner. Don't be surprised to see this company above the $2 mark and headed onto the NYSE.
Corvus Gold continues to release impressive high grade assay results from the North part of Yellowjacket which continues to show me that the geological team behind this company has got to be one of the best in the business. Jeff Pontius has done it before making several million ounce discoveries and it looks like he is just scratching the surface of this gold discovery as it remains open in all directions.
I really like the results that have been published in 2014. As CEO Jeff Pontius said in a recent News Release, "With the results of each new hole returned from North Bullfrog, our assessment of the potential of this new Nevada Gold District grows." I visited the property and highlighted as my major pick in 2011, 2012 and once again in the second half of 2013.
Corvus has made consistent and significant progress at North Bullfrog in 2013 as the asset is emerging as a new major high grade discovery which is still open to the North, South and at depth.
A new exploration program is set to kick off at the end of January. The world renown technical team has defined multiple high grade targets. This could be just the beginning of a district scale high grade, gold-silver deposit only 90 minutes from Las Vegas.
As CEO Jeff Pontius recently said in the latest Press Release, "We at Corvus believe we are just beginning to define the potential of this exciting, District scale, Nevada, high-grade, gold-silver deposit, a truly amazing new discovery story."
Contact Information for Corvus Gold:
Ryan Ko,Investor Relations Email: info@corvusgold.com
Phone: 1-888-770-7488 (toll free) or (604) 638-3246 / Fax: (604) 408-7499
Disclosure: Author/Interviewer is long Corvus and the company is a sponsor on my website
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