RE: RE: RE: Consider the potential of this CarlinFairchij goes beyond giving the "potential" of the Carlin deposit size, and gives a ridiculous share price of $9.02. It's misleading to estimate the zone as 1000m x 1000m x 3m. It also discredits this board to make such pumping assumptions. Your reduction to a 100m x 100m zone is duly noted, lol.
The only reason I posted was because of what happened on the DEC board last fall/winter. Fairchij produced several outrageous "potential" deposit sizes for DEC based on less than 10 drill holes that equated to a $20-30 share price. I'm sure a few gulible investors fell victim to that boards pumps, as DEC is now at
.20-0.30.
I believe EVG to be a solid investment, and I don't want to see this board turn into an out of hand pump show giving out resource calculations based on a mere 7 drill holes.
However, Carlin gold intercepts are very deep, and I think it would be best for EVG to let a major take over from here. Look at HBM drilling their Lalor Deposit (around 1000m deep as well). The problems and costs that HBM has had with their wedge drilling is frustrating. Fortunately, HBM has started tunnelling down to the deposit, which is a cost that is too great for EVG. RSH extends to the surface, and is much better suited for a junior to prove up.
JMO, GLTA