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Eaton Vance Short Duration Diversified Income Fund T.EVG


Primary Symbol: EVG

Eaton Vance Short Duration Divsfd Inc is a diversified, closed-end management investment company.


NYSE:EVG - Post by User

Comment by 3baron Jul 30, 2009 8:11pm
321 Views
Post# 16180376

RE: Strong Pull Back

RE: Strong Pull Backkxl has an Archean shear zone deposit that is standing on its edge . Picture a saltine cracker flat hot fluids come in to fill the spaces . Then put pressure on it and stand it on its edge . The gold is in long lines but thin widths . So KXL reports .30 g/t over 60 meters but it is only 3 ft wide . It can be done but mining the 3 ft width is more costly than a bulk tonage mine .

Evg is maybe 700 long 200 wide and 500 deep  a much different deposit . It is formed by hot fluids moving up into faults and spaces created by volcanoes  . Some  of it is on surface and heap leachable so inexpensive to develope . The rocks between the 2 volcanoes also shows signs of hot fluids passing through them .This is a sign that there may be a continuation of the gold below . Sort of like when the leaves fall of you know it might snow .

jack
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