RE: RE: RE: DYSFUNCTIONAL GOLD Many investors have been burnt big time & will sell off for tax loss. Management still doesn't seem to have an answer to what investors retail or institutions expect going forward. Mr D & company just keep plodding ( but getting paid) along knowing full well that these cheap drill holes they keep punching will do little to satisfy investors wanting to see the N43-101. This is what happens when a company is short of funds they have to use the cheapest drilling techniques to save cash,and management shamelessly says so in the last release.
There is NOTHING going to happen with EVG until tax loss selling is over. After that only results will move the SP & investors will be very leary of purchasing shares until management Proves they have a viable resource in the ground & can come up with a partner with deep pockets ,sell some assets or do another cheap dilutive PP.. Once management has burnt investors the trust is not easily regained. PT Barnum said it best there's a sucker born every minute now management must Prove to investors they were not suckers.
The last NR was informative but once again not worthy of a SP increase. Drill,Drill, Drill until the cows come home but sooner or later management must prove to investors there is money to be made from investing in EVG. through a SP increase. But I'm not holding my breath because the time seems to have passed for EVG but one never knows with these kinds of companies.
Next year may prove to be a pivital year for EVG. Investors get tired quickly of under performing management & the companies they get paid to represent. There are just too many good exporers & juniors out there to put money into companies that are serial under performers IMO only.
Mr D has been a huge disappointment to date for this investor !!!