RE:RE:RE:What is going on??????At todays gold price, edv has around 160M in free cash flow. Times 7 seems fair, ergo $19 a share is a reasonable target.
Could go fast, but it is more likely to see $16 pretty fast, then a slower run towards just under $20.
Edv is now back on the solid uptrendline (see 1month chart).
Btw gold setting up nice to atack 1250 again, silver should go over 15.50 pretty fast, that would get things really going!