AE to buy 40,000,000 shares (OPEN MARKET)Hello Everyone,
AE has to buy approximately 40 million shares on the OPEN MARKET. I believe it started today with the 184,000 share purchase which equates to a $ 125,000 buy order. Notice that the buy was after the news release.
When will AE buy? I believe that they will be loading up over the next 3 months as it takes time to buy 40,000,000 shares. Timing is perfect, which is before drilling of RSH and before blockbuster 43-101 report.
There was a reason why AE wanted to delay 43-101 report and it is becoming self-evident.
AE can load up more cheaply than if 43-101 was divulged costing them more. So they will load up first and then reveal 43-101 for huge rally.
I like where this company is going and I also see the massive shareholder wealth that will be created when 4 mining properties are all put into operation at the same time, with no dilution:
a) RSH
b) Carlin
c) Humbolt
d) Jake creek
Companies normally drill 1 property, instead EVG is doing 4 properties, spending $ 10 million with plenty of rigs.
It has been worth the wait, EVG will do like Rainy River, which rallied from 65 cents to $ 12 per share in 6 months.
JMHO