$ 10 Million Drilling Budget in 2nd half....Hello Everyone,
EVG will be a $ 100 to $ 150 per share stock within a 7 year period.
EVG will have 4 mines within 7 years:
a) RSH
b) Carlin
c) Humbolt
d) Jake Creek
The beauty of EVG management is its ability to drill 4 properties, spending $ 10 million on drilling, without any share dilution. Pretty amazing. They know their stuff for sure.
As the drill grades increases with results, risk will be diminished and stock price will soar. Once everyone is loaded up at these levels and stock spikes up, all investors will be in the money and stock will never look back.
Lets say the 4 properties contain 40 to 50 million ounces of gold all combined and, that EVG keeps 30% at no cost or 12 million to 15 million ounces of gold, that gives at a $ 3,500 per ounce price in 7 years, an asset producer worth $ 42 billion.
Those buying now when company is only worth $ 90 million to be worth $ 42 billion in 7 years are really getting a bargain.
Your patience will be rewarded, EVG has the right strategy and right management. They don't need to jump up and down to draw in the sharks cause they are already in bed with them (ie: Goldcorp, AE and Newmont).
Goldcorp invested in EVG so that its investments reap huge rewards. They are not involved in drilling, they want the benefit of the drilling. If Goldcorp sees GOLD in EVG, then who are you to dispute them, you who know nothing.
JMHO