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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

Post by taxdemiccoon Apr 26, 2011 9:04am
283 Views
Post# 18487316

All this moaning and groaning.....

All this moaning and groaning.....Hello Everyone,

What is all this moaning and groaning about the share price?

I am frustrated with the share price too but enough is enough.     Institutions and long term investors will only buy when they have a 43-101 report on hand otherwise it is all just speculation.

The 43-101 will officially put on paper what they have so that one can speculate as to what they will end up with.

If you look at the charts EVG is a 2nd half year story with drilling and results.

They will start major drilling program targeting deep portion of RSH which will get people excited.

By that time Carlin project will also be well on its way.

I understand that management wants 43-101 so as to structure themselves properly.    With 43-101 do we conduct feasibility and begin to mine the shallow part so as to build cash flow or, do we continue with deeper drilling to build on 43-101.   These are questions to be answered.

The fact that 43-101 is taking so long means that they have some meaningful resources, otherwise report would have been out.

Instead of bickering about share price, do yourself a favor and buy EVG.   The only way to build wealth is to buy low with moral is low and, sell high when moral is high.

JMHO
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