RE: RE: This insane asylumright arm, hrattle.
everyone spins on both sides. I'm going to have to trust in management in that they cast off everything(but still prosper at 30% on PPG and RSH) so they can focus intensely on Nevada. Jakes Creek could be the real surprise. And not deep drilling if I remember correctly...I was just on the yahoo board and (zum)plums made a few comments that I hope he doesn't mind that I paste here:
"Now what was that dividend of PPG shares for the Canadians, one for every ten EVG shares? PPG is approaching ten times that .15 cent per share valuation. Let's take a simple example.
Suppose you bought 1000 shares of EVG at .82 cents (the price Goldcorp paid for theirs) that's 820 bucks worth. It's now worth 570 plus the 120 value of PPG or 690 making you down about 16% overall. Not nice to look at, but in reality the price is driven at this stage by drilling numbers and EVG and PPG results so far this season have only been some Carlin numbers so the slump. This is due, in part, to the late start of the season and in part because the Carlin drilling is a slow process. What can change the situation?
Rattlesnake numbers, Jake Creek numbers, PPG numbers and more Carlin numbers are all on the schedule. You guys may get some exciting numbers and with them the momentum back. But, at present, there is not much geologic to mull over either. But as dental work slow as it feels at the moment, it's going to change. There has been a lot of work going on."
My only concern is will AE put the keibash on releasing data until they feel like it. Maybe not since EVG owns 30%. And technically, AE only has "the right" to buy in...doesn't EVG own 100% until AE completely buys in?