Lagging share priceSeveral other juniors are lagging the market and not being given the valuation they deserve but that's no reason to sell your shares and leave, by doing so you're doing what the MM's want you to do which is give away your shares for next to free to them 2 months before a 43-101 because "the share price is lagging". And you're going to park your money in what another gold junior laggard?
Take for example what happened to Canaco the past month - they let retail play with the shares and decided they wouldn't put any bids in for a month or so so they could pick up shares at the bottom. Retail continued to sell to themselves while the price lowered from $5 to $4.14 and finally when the last sucker was done giving away shares it moved back to $4.85 within a day. There are several other examples of manipulation before Resource Estimates take CUU for example which was dragged down to $1.29 from $1.85 and then up to a new 52 week hi at $2.70 3 weeks later.
I could care less if you take my word for when the 43-101 is coming out and will be putting anyone on ignore here if they want to continue to further bash since it's quite obvious your motives here and it's wasting my time as well as other EVG investors. EVG has over 15 drill holes with long intervals which all tend to show consistent grades over the 1 g/t au level. The 43-101 will be showing 2.5 Moz of gold easily by my calculations but I wil have an updated estimate this week once I've gone over all the drilling results again. I have been buying and will continue to as long as we are receiving a valuation of less than $35/oz of gold when the Industry average is over $110/oz and over $135/oz for North American deposits. Our current market capitalization with 128 M shares out and $10 M in cash is roughly $90 million dollars and with that we have the potential of a new find at the Carlin Humboldt site which is completely separate from the Rattlesnake Hills 43-101 expected within 2 months now latest.
With two other drill programs ongoing in Nevada in 2011 + a 43-101 to come you can wait to buy on news or get in here for a 25% discount but I can't see us trading at this level for much longer when anticipation builds for the 43-101.