Here’s my analysis:
CORVF – Corvus Gold Inc (OTC)

Date Open High Low Last Change Volume % Change
10/03/11 0.5290 0.5495 0.4760 0.5017 -0.0328 20700 -6.14%

Composite Indicator
Trend Spotter TM Sell

Short Term Indicators
7 Day Average Directional Indicator Sell
10 – 8 Day Moving Average Hilo Channel Sell
20 Day Moving Average vs Price Sell
20 – 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 40% – Sell
20-Day Average Volume – 41805

Medium Term Indicators
40 Day Commodity Channel Index Sell
50 Day Moving Average vs Price Sell
20 – 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Sell

Medium Term Indicators Average: 50% – Sell
50-Day Average Volume – 37600

Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Sell
50 – 100 Day MACD Oscillator Sell

Long Term Indicators Average: 67% – Sell
100-Day Average Volume – 29365

Overall Average: 56% – Sell

Price Support Pivot Point Resistance

0.5017 0.4356 0.5091 0.5826

It appears to me that technical indicators would imply that Corvus still has a bit more to go down! Sorry Big Al. This advice, which is worth about what anyone pays for it, the phrase keeping powder dry comes to mind until it breaks up through $0..59!
Insider buying information, however, would negate technical indicators and is fairly positive. (Noting that options have not been sold off. However that may simply be because not enough profit in doing so yet!)
Corvus Gold Inc. (KOR) As of October 3rd, 2011
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Aug 17/11 Jun 01/11 Wu, Peggy Direct Ownership Warrants 00 – Opening Balance-Initial SEDI Report
Aug 17/11 Jun 01/11 Wu, Peggy Direct Ownership Common Shares 00 – Opening Balance-Initial SEDI Report
Aug 17/11 Jun 01/11 Wu, Peggy Direct Ownership Options 00 – Opening Balance-Initial SEDI Report
Aug 10/11 Jan 21/11 Talbot, Lawrence William Edward Direct Ownership Options 50 – Grant of options 20,000
Aug 09/11 Aug 08/11 Pontius, Jeffrey A. Direct Ownership Common Shares 10 – Acquisition in the public market 16,500 $0.510
Aug 08/11 Aug 05/11 Pontius, Jeffrey A. Direct Ownership Common Shares 10 – Acquisition in the public market 15,500 $0.510
Aug 08/11 Aug 04/11 Pontius, Jeffrey A. Direct Ownership Common Shares 10 – Acquisition in the public market 43,000 $0.510
Aug 02/11 Jul 29/11 Carriere, Daniel Anthony Direct Ownership Options 50 – Grant of options 100,000 $0.500
Aug 02/11 Jul 29/11 Perkins, Rowland Direct Ownership Options 50 – Grant of options 100,000
Aug 02/11 Jul 29/11 Drescher, Anton J. Direct Ownership Options 50 – Grant of options 100,000

Al, thanks for updating on Corvus gold and International Tower Hill from time to time. I have positions in both. I believe management is superior at both companies and their exploration followed by production will be significant. kent,CFA.

Thanks Kent,

I feel exactly the same way that you do.

Big Al

Not that anyone needs defending here, but…in return for consultation, my dad used to get paid in shares by mining companies, sometimes up to 100% of the fee. Selling shares isn’t always suspicious..sometimes the person has just gotta eat or pay some bills because they literally aren’t being paid anything else.

John. I totally agree with you. One has to look at who is selling the shares. Is it a board member or someone else? What percentage of the board is selling or buying etc. Insider trading, however, is one of the possible early warning flags that may indicate future changes for a company.
In your father’s case, as a consultant, I suspect he was not a company insider and thus would not be required to report sales, just as Big Al is not usually a company insider for the companies he talks about.