Major Accumulation In Junior Miners In 2014 [Market Vectors Junior Gold Miners ETF, SPDR Gold Trust (ETF)]

All of this drilling and metallurgical work will be included in a new Preliminary Economic Assessment and resource update which will be completed after all of the 2014 drilling.  This could be quite an exciting time for this high quality junior gold miner Corvus Gold (KOR.TO or CORVF).  Remember management owns close to 10% and Anglogold Ashanti (AU) and Tocqueville Asset Management are the largest owners.

Corvus (KOR.TO) appears to be ready to make a reversal above the 200 day at $1.34 and despite recent progress is trading near a six month low.  Notice the improving RSI and MACD despite a new low this month.  This is usually indicative of a bullish reversal.

This article is brought to you courtesy of Jeb Handwerger From Gold Stock Trades.

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